Daily Data Flow: S&P Nears All-Time High; Politics Holding United States Back; Nikkei at 4-1/2-Year Peak

Daily Data Flow

S&P 500 Nears All-Time High (Bloomberg)
Just a few days after the Dow began topping its all-time best, today the S&P 500 got very near its record peak. In addition, market volatility sat at its lowest point in about six years. “The path of least resistance continues to be higher,” Jordan Irving, of Irving Magee Investment Management in Philadelphia, said. “The latest batch of economic data out of the U.S. was okay. If you’re lagging you might want to try to get a little juice in there to catch up.”

“Political Storms” Holding Country Back (CNBC)
In a letter to shareholders today, GE CEO Jeff Immelt warned, “The amount of regulation tends to grow during periods of financial strain and we are certainly seeing that in the U.S.” He continued, “The number of ‘major regulations’—regulations with more than $100 million in impact—has exploded in the last few years. The result has been an additional burden on business. Until we solve for these constraints, it is hard to see that the U.S. will return to its full growth potential.”

Nikkei Hits 4-1/2-Year Peak (Reuters)
On the back of the weakened yen and the rebound occurring in the United States, the Nikkei reached its highest point in four and a half years today. The aforementioned positives, in addition to hopes for monetary easing from the Bank of Japan, encouraged investors to buy financials and exporters. Expectations for the next fiscal year’s earnings are positive, so investors are chasing the market higher,” said Makoto Kikuchi, the chief executive of Myojo Asset Management.

Exclusive  Global Bull Market Special Alert -- Taking 134% profits on the Brazilian Boom

Like This Article?
Now Get Mark's FREE Special Report:
3 Dividend Plays with Sky-High Returns

This newly-released report by a top-20 living economist details three investments that are your best bets for income and appreciation for the rest of the year and beyond.

Get Access to the Report, 100% FREE


img
previous article

The S&P 500 was up 2.17% this past week, as the Dow Jones Industrial Average (DJIA) hit new record nominal highs. The MCSI Emerging Markets Index also recovered and was up 1.89%. Big gainers in your Bull Market Alert portfolio included Bank of Ireland (IRE), soaring 17.32%, Northern Tier Energy Trust LP (NTI), rising 6.47%, and Banco Santander, S.A. (SAN), jumping 3.87%. As a result, Bank of Ireland (IRE) moved bac

PREMIUM SERVICES FOR INVESTORS

Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

LEARN MORE HERE

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

LEARN MORE HERE

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

LEARN MORE HERE

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

LEARN MORE HERE

Mike Turner

Mike Turner’s financial, mathematical, computer science and engineering background serves as the foundation for his disciplined, rules-based approach to trading. Mike’s three services include:

Product Details

LEARN MORE HERE

Hilary Kramer

Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers:

Product Details

LEARN MORE HERE

DividendInvestor.com

Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

LEARN MORE HERE