The Dow Industrial Average closed over 17,000 for the first time today.

The markets are now closed, in early observance of the 4th of July national holiday.

The equity markets are becoming overextended here. They more become a little more overextended before this nonsense is done, and then we will see a pullback of sorts. Wash and rinse.

Have a nice holiday weekend.

By Jesse

http://jessescrossroadscafe.blogspot.com

Welcome to Jesse's Café Américain - These are personal observations about the economy and the markets. In plewis

roviding information, we hope this allows you to make your own decisions in an informed manner, even if it is from learning by our mistakes, which are many.

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

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