Friday, October 5, 2018

October 3 was the high

The Dow Jones reached 26,828.39 on 10/3/18, an all-time high.  The peak in  the S&P 500 was 2930 on 9/20/19, but it came close to this on 10/3/18 with 2925.

So this really might be it.  Of course, I thought about 1/26/18 when it hit 26,616, and before that on June 19, 2017 when it hit 21,528.  To repeat what I said then: "At some point, it will hit a peak for this business cycle, and that might be it."

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