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The S&P 500 Makes It Six In A Row Thumbnail

The S&P 500 Makes It Six In A Row

The S&P 500 gained 0.71% this week, closing Friday at 6,840.20. The index has now risen for three consecutive weeks, and Friday’s close marks a new all-time high on a weekly basis. The S&P 500 finished October on Friday, gaining 2.27% and closing at a fresh all-time high monthly close. The index has now risen for six consecutive months, with each of the last five setting a new all-time high monthly close. To say we’ve gone streaking is an understatement - the S&P 500 is on fire.

Stocks Rise For The 5th Month In A Row  Thumbnail

Stocks Rise For The 5th Month In A Row

The S&P 500 gained 1.09% this week with Friday's close at 6,715.79. Friday's close is a new all-time high weekly close. The S&P 500 finished the month of September on Tuesday this week, closing at 6,688.46, a gain of 3.53% for the month. September's monthly close is a new all-time high monthly close and marks a five-month winning streak for the S&P 500. The primary trend across all time frames is bullish, so the path of least resistance remains to the upside.

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