New Records: Dow Ends Above 15000 for First Time; S&P 500 Enters Bull Market Territory, Up 20% Since November Lows

[Auburn85 438]

http://www.cnbc.com/id/100715566

The Dow Jones Industrial Average finished above 15,000 for the first time.Caterpillar and JPMorgan led the blue-chip gainers. The index first broke above the milestone on Friday.

Interestingly, the Dow also ended higher for the 17th consecutive Tuesday. This is the first time in history that the index has posted such a streak.

The S&P 500 rose to enter bull market territory, climbing 20 percent since its lows in mid-November. Meanwhile, the Nasdaq eked out a small gain.

The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, ended below 13.

So far this year, the Dow has surged an impressive 14 percent, while the S&P andNasdaq have soared more than 13 percent each.

Most key S&P sectors were higher, led by industrials and energy. Techs were in the red.

[homersapien 12,350]

Figures, I sold a large chunk of my equities a couple of weeks ago.

Regardless, I've decided I need to reduce my exposure. I am getting too old to absorb another crash like 08.