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All Three Major Indexes Close at All-Time High, October Strongest Month of 2021

Key Takeaways

S&P 500 closed at 4,605.38, an ATH, up from 4,544.90. The last 10 days have marked the best reaction to earnings of S&P 500 components in the last two years.Our team noticed that companies that miss earnings appear to be getting more punished this season than in recent quarters. We expect to see differentiation increasing instead of sectors broadly moving together.October has been the best month of the year so far. The “Everything Rally” has begun and we suspect it will ...

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