November 2017 Market Update

October turned out to be another positive month for the stock market. The Dow Jones Industrial Average led the way with a 4.17% growth rate. The weakest performer of the indexes we follow was the Russell 2000 (small company stocks) and it still turned in a respectable 0.47% return for the month. With the indexes all up in double digits this year, those of us who have been poised for a market decline have been surprised. Even while the price to earnings ratio of the overall market is hovering at record highs, individual companies keep growing their earnings, so investors continue to push prices higher. All three of our indicators (short, intermediate and long term) are showing positive at this point, so we will remain mostly invested until one or more of them turn negative.

Contact Us

Follow Us

  • Facebook Social Icon
  • YouTube Social  Icon
  • LinkedIn Social Icon

Securities offered through Cambridge Investment Research, Inc., Member FINRA, SIPC and Investment Advisory Services offered through Cambridge Investment Research Advisors Inc, a Registered Investment Advisor. Cambridge and Provest Wealth Advisors, Inc are not affiliated. We are licensed in the following states:NC, SC, GA, FL, VA, TX, TN, ME.

Please note:: The information being provided is strictly as a courtesy. When you access a link you are leaving our website and assume total responsibility for your use of the website you are linking to. We make no representation as to the completeness or accuracy of information provided at this website. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, websites, information and programs made available through this website