So far, 2017 has seen 17 new all-time closing highs for the SandP 500 and just 10 days where the index moved more than 1 percent in either direction. That kind of higher highs with low volatility always — yes, always — has been positive for the market, according to Sam Stovall, chief investment strategist at CFRA.
The previous 17 times that has happened, the market has averaged a 19.4 percent gain, with advances happening 100 percent of the time.
http://www.cnbc.com/2017/05/29/get-ready-for-the-big-jobs-report-a-potential-june-market-swoon-more.html
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