Thursday, December 21, 2017

Dow Closing Highs

'Cause she's so high
High above me
She's so lovely
--Tau Bachman

Thus far this year, the Dow has closed at all time highs on 70 days, surpassing the previous record of 69 set back in 1995. This is rare action indeed, as there have been only 4 years in the Dow's 122 yr existence where more than 60 new high closes were realized.

With still a week or so of trading left in the year, and with the Industrials up another 100+ today, additional excursion into record-setting territory seems imminent.

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