U.S. stock market on May 30, 2017: thoughts and outlook

1. the "weak breadth" isn't a problem. in fact, other sectors like consumer discretionary are starting to pick up the slack.
2. the S&P has grinded higher in 2017. when the S&P grinds higher, it tends to have a great year.
3. ignore DAX's recent underperformance. focus on the U.S. stock market itself.
4. interest rates don't have a lot of room left to fall, which means the finance sector (XLF) doesn't have a lot of room left to fall.

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Submitted May 30, 2017 at 04:31PM by markethistory http://ift.tt/2sjepKl