Shesa's JUN 2017 INVESTMENT BLOG
JUN 25 2017 JUN 2017 INVESTMENT BLOG Shesa Nayak U.S. Stock Market Commentary: The stock markets in U.S keeps making new high. Now that the earnings season is over, it was expected that market would take a pause. However, the stock market rally continues. Biotech sector was lagging behind but it has exploded in last few days. Meanwhile, Fed raised interest rate on June 14 th but that has/had no major impact on the market. The question is how long these rallies will continue? That’s a great question to ask. The answer is “nobody knows..”. ‘Sell in May and go away’ concept have not worked for last couple of years! So, let’s keep enjoying the stock market momentum as much as we can. Such phenomena are rare, so why complain? As usual, let's first see the U.S. Stock Market Indexes. U.S. Indexes 3-Jan-17 Friday Close Change this Year % Change in 2017 DOW Jones 19762.6 21,394.76 1,...