Further to
my post of February 18th, the S&P 500 Index (
SPX) hit
this year's projected target of 2400 today (March 1st) -- 10 months ahead of schedule -- and set another new all-time high in the process!
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgt6V9lydBneFbElGSIWPJBtNM4lNKWUSOWiho6mz4SqmfyUunXFJ4ONTLMQ0yE_BVN13wk1Bm7VtwvBnizEATgPOFIMT_ghz6Ib9mrjS9VGgj9iKjDng-PXxLTOmhLj8nNbS7BkGPfBlzm/s640/SPX.png) |
SPX 5-Yr. Daily |
All other
U.S. Major Indices also participated in setting new record highs today, with the exception of the Utilities Index. It, however, is in a strong uptrend.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg7Dnd7G8XwF1WLSyXVsvSYJQ_z6PWf9VT4ofDDGHnDQSJd8mLo5ims87HNbzypvXld6eBstDIGqYsuAAXV3OkuOKOF2WuDN6Yto2l-mvo5adaCugF4FaaYdGLJ7VbQtcWM4Fs8hF5wkCKy/s640/2017-03-01_1144.png) |
U.S. Major Indices 1-Yr. Daily |
The following graph shows percentages gained in the
Major Indices since January 1st of this year.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiCZMc5XOIspgf_y9Md9QHvNDNVFAK6ow_Ak7SJEXcW_Y4SEW5skwfMFgmozmDCaCL1ohq123Euu2tO03MuDYM7jy-Z6xp102Nsphe9LBNvZYm6QmgRaLdFAq9kUHF6ojVJ4ywyAEvZrWCT/s640/2017-03-02_0942.png) |
U.S. Major Indices: Percentages Gained Since January 1, 2017 |
With bullish sentiment still strong, the
SPX remains on track to hit its
2020 projected target of 2700.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgQ9NAqKLQ9CwraET3GvE8rBnKN53PJvN-EqjTWcZVdYlsvcDiFvH7NHUDm0W-mxaRma_gg3cQZ9w3GBpq90ApDHvaYFSgYR8BZy_5dgG2ahwYRuMagV-ZBg3RWvHS_1Z8u6w7Bcwyz6tTr/s640/2017-03-01-TOS_CHARTS.png) |
SPX 15-Yr. Monthly |
Most
world markets were also strong today, especially
European markets. We'll see if
China picks up the pace in the near future.