The S&P 500 is now up over 11% year-to-date and up over 50% since the March lows. By comparison, the utility sector is down over 1% YTD and up ~30% since its March low and has been the second worst performing sector of this rally (only telecom is worse). Read More
Better economic news keeps biting into the dollar, and it could for awhile. That trend is also propelling stocks, and on Monday, the S&P 500, the Dow and Nasdaq all closed sharply higher. They also all cracked big round numbers, with the Dow finishing up 1.25 percent higher at 9286, its first close above 9200 since November. Read More