October 2017: Stocks Have A Nice Gain To Start 4Q17.
The Stock Market Bull had an excellent October. Does he have the stamina to continue the run through the end of 2017 and into 2018?
By Larry C. Paxton
Stocks had a nice start to the new quarter, and there are some good reasons why. The economy continues to grow at a steady modest/moderate rate with some indications that it is strengthening. Unemployment is low, manufacturing and services industries continue to show growth, housing is in demand and inventories are low which will trigger growth in construction, consumer confidence indices are positive, just to name a few key economic drivers.
Many of President Trump’s promised initiatives are still mired in the mud pits of Congress, and perhaps rightfully so because they will cause significant change. But there does seem to be a possibility that tax reform could become a reality before the end of the year and that is creating some optimism as well.
There are, of course, also unpredictable counter forces. Natural disasters, geopolitical events, a burst of social upheavals caused by the increasing gap between the “haves” and “have nots.”
We have entered the favorite time of year for retailers. Forecasts are optimistic that consumers are anxious to use their new mobile and online purchasing tools to buy more than ever before.
What does that mean for investors in stocks? Many experts say that the US Stock Market Bull run that has lasted for several years must slow down, but others continue to say that the Bull is strong and has the endurance to run for a lot longer.
So, place you bets one way or the other. If you are undecided, then flip a coin, and flip it again to check your answer. However way you choose, we wish you the best! We also believe that a The PBR1000 Annual Subscription is a great investment in a tool to increase your probability of success, as has been proven over the years.
The US Major Stock Market Exchanges October Summary
Number of Trading Days: 22
Number of Gain(+)/Loss(-) Days: DJIA 16+/6-; NASDAQ 14+/8-; SPX 16+/6-.
Record Days: DJIA 12, NASDAQ 12, SPX 10
Longest Gain Streak(Consecutive Days): DJIA 7(09/27/17-10/05/17), NASDAQ 9(09/26/17-10/06/17), SPX 8(09/26/17-10/05/17)
Longest Loss Streak(Consecutive Days): DJIA 2(10/06/17-10/09/17), NASDAQ 2(10/26/17-10/27/17), SPX 2(10/06/17-10/09/17)
Big Swing Up Days(>1.00%): 1, 10/27/17(NASDAQ +2.20%): Strong technology sector earnings reports.
Big Swing Down Days(<-1.00%): None
The PBR1000 October Snapshots
The following are Top 5 partial tables excerpts from The PBR1000 October Snapshots. The price for stocks is for the close of trading on October 31, Month % Chg is compared to September 29, YTD % Chg is compared to December 31, 2016, and the 22 Months % Chg is compared to December 31, 2015. The PBR Rank is by annual revenues.
To get the complete The PBR1000 Snapshots just click here to get your 2 month or significantly discounted 12 month subscription and automatically download the October 2017 edition with the complete 15 Snapshots and 25 rankings.
Table 1(S11): The PBR1000 Top 5 Month Stock Price % Gainers
Table 1 Summary: The range was +74% to -64%. 593 out of 1,002 stocks were up 0% or more. The average was a gain of 2.0%, the median was a gain of 1.3%.
| Company | PBR Rank |
Symbol | Price 10/31/17 |
Mo % Chg |
YTD % Chg |
22 Mos % Chg |
|---|---|---|---|---|---|---|
| Bon-Ton Stores |
714 | BONT | 0.75 | +74 | -49 | -64 |
| CalAtlantic |
388 | CAA | 49.34 | +35 | +45 | +30 |
| Babcock & Wilcox |
913 | BW | 4.38 | +32 | -74 | -79 |
| Restoration Hardware |
810 | RH | 89.92 | +28 | +193 | +13 |
| Skechers USA |
591 | SKX | 31.92 | +27 | +30 | +6 |
Table 2(S12): The PBR1000 Top 5 Year-To-Date Stock Price % Gainers
Table 2 Summary: The range was +292% to -82%. 650 out of 1,001 stocks were up 0% or more. The average was a gain of 14.8%, the median was a gain of 9.9%.
| Company | PBR Rank |
Symbol | Price 10/31/17 |
Mo % Chg |
YTD % Chg |
22 Mos % Chg |
|---|---|---|---|---|---|---|
| Weight Watchers |
986 | WTW | 44.92 | +3 | +292 | +97 |
| Scientific Games |
693 | SGMS | 47.60 | +4 | +240 | +431 |
| Systemax | 902 | SYX | 28.55 | +8 | +226 | +232 |
| Restoration Hardware |
812 | RH | 89.92 | +28 | +193 | +13 |
| Tronox | 820 | TROX | 26.47 | +25 | +157 | +577 |
Table 3(S13): The PBR1000 Top 5 22 Months Stock Price % Gainers
Table 3 Summary: The range was +956% to -90%. 737 out of 998 stocks were up 0% or more. The average was a gain of 28.3%. The median was a gain of 31.2%.
| Company | PBR Rank |
Symbol | Price 10/31/17 |
Mo % Chg |
YTD % Chg |
22 Mos % Chg |
|---|---|---|---|---|---|---|
| Chemours | 447 | CC | 56.61 | +12 | +156 | +956 |
| Tronox |
820 | TROX | 26.47 | +25 | +157 | +577 |
| NVIDIA | 362 | NVDA |
206.81 | +16 | +94 | +527 |
| Scientific Games | 693 | SGMS | 47.60 | +4 | +240 | +431 |
| Navistar |
316 | NAV | 42.31 | -4 | +35 | +379 |
Table 4(S15): The PBR1000 Top 5 Market Capitalization
Table 4 Summary: The range was $873.13 billion to $0.01 billion. The average is $24.9 billion, median is $6.1 billion, out of 1,002 companies.
| Company | PBR Rank |
Symbol | Market Cap($B) 10/31/17 |
Mo % Chg |
YTD % Chg |
22 Mos % Chg |
|---|---|---|---|---|---|---|
| Apple |
4 | AAPL | 873.13 | +10 | +41 | +49 |
| Alphabet |
27 | GOOG | 704.41 | +6 | +32 | +35 |
| Microsoft |
28 | MSFT | 640.67 | +12 | +33 | +45 |
| Amazon | 12 | AMZN | 530.95 | +15 | +49 | +68 |
| 95 | FB | 522.93 | +5 | +58 | +77 | |
| The PBR1000 |
24,859.42 | +2 | +14 | +23 |
Table 5: The PBR1000 Index & Selected Stock Exchanges/Commodities
| Company | Price 10/31/17 |
Mo % Chg |
YTD % Chg |
22 Mos % Chg |
|---|---|---|---|---|
| The PBR1000 | 84,470.31 | +2.0 | +14.8 | +28.3 |
| DJIA | 23,377.24 | +4.3 | +18.3 | +34.2 |
| NASDAQ | 6,727.67 | +3.6 | +25.0 | +34.4 |
| S&P500 | 2,575.26 | +2.2 | +15.0 | +26.0 |
| GOLD | 1,270.50 | -0.9 | +10.3 | +19.8 |
| SILVER | 16.69 | +0.0 | +4.4 | +21.0 |
| OIL | 54.38 | +5.3 | +1.2 | +46.8 |
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