The market continued its slow but persistent trek upward, inching along as it did during the holiday-shortened past week. In fact, the S&P 500 set an 18-month high today at 1187.73 and closed very near the high.

by David Brown, Chief Market Strategist, Sabrient Systems

David Brown

The market spent the month of August in a fog of mixed and contradictory economic results, often moving up on negative news and down on positive news.  Last week was no exception, and it's doubtful whether we'll get any improved visibility this week, either.