{"id":329267,"date":"2017-10-06T10:51:01","date_gmt":"2017-10-06T09:51:01","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/some-investors-see-signs-stock-market-on-verge-of-a-melt-up\/"},"modified":"2017-10-06T10:51:01","modified_gmt":"2017-10-06T09:51:01","slug":"some-investors-see-signs-stock-market-on-verge-of-a-melt-up","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/some-investors-see-signs-stock-market-on-verge-of-a-melt-up\/","title":{"rendered":"Some investors see signs stock market \u2018on verge\u2019 of a melt-up"},"content":{"rendered":"
\n

<\/p>\n

Market Watch<\/strong><\/a>
Oct 5, 2017<\/p>\n

Some market veterans think stocks are at long last due for a meltup.<\/strong><\/p>\n

\u201cWe make the case that despite the Fed\u2019s intent, we\u2019re on the verge of being in a melt-up stage, fueled by excessive credit and a timid Fed,\u201d wrote technical analyst Jeff deGraaf, chairman of Renaissance Macro Research, in a Wednesday note.<\/p>\n

Longtime market bull Jeffrey Saut, chief investment strategist at Raymond James, on Tuesday argued that the S&P 500 SPX, +0.12%<\/span><\/span> in the wake of a Sept. 25 reversal to the upside, \u201cnow appears to be involved in a melt-up.\u201d<\/p>\n

The S&P followed that turnaround with a series of fresh records and is up more than 13% so far this year. The Dow Jones Industrial DJIA, +0.09%<\/span><\/span> is up 14.7%. The S&P notched its fifth straight record close Tuesday, albeit with a gain of just 0.1%, matching a streak that ended in February. If the index closes at a record Wednesday, it will mark its longest streak since June 1997.<\/p>\n

Read more<\/a><\/p>\n

<\/p>\n

This article was posted: Thursday, October 5, 2017 at 8:21 am<\/p>\n

\n

\n <\/p>\n
\n


\n \t\"Print\"<\/a>
\nPrint this page.<\/h3>\n<\/p><\/div>\n
\n
\n

<\/p>\n

<\/p>\n<\/div>\n

Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Market WatchOct 5, 2017 Some market veterans think stocks are at long last due for a meltup. \u201cWe make the case that despite the Fed\u2019s intent, we\u2019re on the verge of being in a melt-up stage, fueled by excessive credit and a timid Fed,\u201d wrote technical analyst Jeff deGraaf, chairman of Renaissance Macro Research, in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-329267","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/329267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=329267"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/329267\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=329267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=329267"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=329267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}