Market Update - Eleven Straight Days of Dow Records

Market Update for Saturday February 25, 2017

• The Dow closed at a record high for 11 days in a row!!! 
• Sentiment via my CPC and 2cs charts is getting extreme
• It is nice that when you take profits you can get up to 2.38% in CDs (See CD Rate Survey) and 1.25% in savings (See Savings Account Rate Survey) 
• Click images to see full size

This chart shows closing values for the markets by day.  Note how I highlight the numbers if they made a new record high.  

Led by the Nasdaq, this chart shows the markets are up between 2.76% and 8.59% YTD:

Long-term Dow & S&P500 charts:

The Russell 2000 small cap index is up over 46% in just over a year.  

These two short-term timing charts suggest caution now.

Do you have a list of stocks and ETFs you will use new cash or profit taking dollars for buying any major declines?

Some of the stocks I bought back a year ago when we had the last double digit decline (like FDX & LRCX) have done VERY well and I've taken profits to lock in huge gains.

Some Emailed Buy Alerts to my Subscribers Last Year

Kirk Lindstrom's Investment Letter:

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