New All-Time High for S&P 500 Total Return Index (save your asterisks)

You’re free to point out all the reasons, conditions, qualifications, if’s and or but’s you’d like, but today the S&P 500 Total Return Index is printing a new all-time high.

spy tr

Take a picture, it may not last long. Previous new highs in this index over the last two years have been preludes to corrections.

Or this is the one. The breakout that keeps going.

In favor of this being the one – internals look fabulous, with confirmation coming from both advance-decline and the upturn in the NYSE hi-lo index. Not in favor? Plunging rates, an incoherent Fed, European ridiculousness – you know, more of the same.

But today it’s happening in the TR index. Save your asterisks.

 

 

What's been said:

Discussions found on the web
  1. Software testing services commented on Jan 11

    … [Trackback]

    […] Here you will find 84433 more Info on that Topic: thereformedbroker.com/2016/07/08/new-all-time-high-for-sp-500-total-return-index-save-your-asterisks/ […]

  2. bmo ligne action commented on Jan 13

    … [Trackback]

    […] Read More on to that Topic: thereformedbroker.com/2016/07/08/new-all-time-high-for-sp-500-total-return-index-save-your-asterisks/ […]

  3. Digital Transformation commented on Jan 16

    … [Trackback]

    […] Find More Information here to that Topic: thereformedbroker.com/2016/07/08/new-all-time-high-for-sp-500-total-return-index-save-your-asterisks/ […]

  4. Pfister G0W8-0100 manuals commented on Jan 21

    … [Trackback]

    […] Find More here on that Topic: thereformedbroker.com/2016/07/08/new-all-time-high-for-sp-500-total-return-index-save-your-asterisks/ […]