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The Dow Finally Dips After 8 Straight All-time Closing Highs - Navellier

Posted by Seton McAndrews | CFP®, Vice President Investments
March 18, 2013

Louis Navellier takes a look at a few key economic indicators including inflation, retail sales, jobless claims and industrial production. "Last week, the S&P rose 0.6% for its 10th weekly gain in the first 11 weeks of 2013. The Dow Industrials ended a 10-day winning streak (the longest since November 1996), including eight straight all-time highs, and the S&P 500 peaked at just two points below its all&time high. Even more encouraging, the VIX (volatility index) remains extremely low, so the stock market’s rise has been relatively smooth. In addition, inflation fears may drive more investors out of bonds, lifting stocks further."

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