According to a recent tweet from Charlie Bilello, the S&P 500 has now gone 273 straight trading days (11-7-16 through 12-6-17) without a 3% drawdown. That is the longest streak in history! A lot of people in the industry have been trying to call the “top” in the market for a while now, but the reality is we have no idea when this could end. We’ll just have to wait and see.
Here’s what I’ve been reading this morning:
‘The Case of the Bankerless Bubble’ – Josh Brown – The Reformed Broker
‘Why I Want To Be Naked’ – Justin Castelli – All About Your Benjamins
‘We Are All at Record Highs’ – Anthony Isola – A Teachable Moment
‘You Can Have Your Momentum Factor and Eat It Too’ – Clifford Asness – AQR
‘Five Ways to Save Serious Money On Last-Minute Holiday Travel – Alexandra Talty – Forbes