Stocks Up Yesterday, 6 Days In A Row For Dow And S&P, 7 Days In A Row For Nasdaq

Market Moves You Need to See Stocks Up Yesterday, 6 Days In A Row For Dow And S&P, 7 Days In A Row For Nasdaq [Kevin Matras - EVP - Photo] Profit from the Pros By Kevin Matras Executive Vice President Stocks Up Yesterday, 6 Days In A Row For Dow And S&P, 7 Days In A Row For Nasdaq [Stocks Up Yesterday, 6 Days In A Row For Dow And S&P, 7 Days In A Row For Nasdaq]Image: Shutterstock Stocks closed modestly higher yesterday with the big three indexes all in the green. Yesterday's positive finish makes it 6 up days in a row for the S&P and the Dow (longest winning streak since June and July), and 7 up days in a row for the Nasdaq (their longest winning streak since January). Last week's powerful rally has given hope that the recent correction might finally have run its course, and that the market can get back to resuming its winning ways. And embark on the long-awaited Q4 rally that many have been waiting for. Between a better than expected earnings season so far, last week's FOMC announcement where the Fed left rates unchanged and hinted that they may not need to raise any further, and Friday's positive, but weaker than expected jobs report which bodes well for the Fed to keep standing pat on rates, the market cheered the news and rallied strongly. The next FOMC announcement isn't until December 13. And the next inflation reports aren't until 11/14 with the CPI report, 11/15 with the PPI report, and 11/30 with the PCE report. And the next Employment Situation report isn't until 12/8. So the market will get to focus its attention on earnings. And that's good news since earnings season has been coming in above expectations. And since stocks typically go up during earnings season, all the better. Today we'll get as many as 380 companies on deck to report with names like Uber, Gilead Sciences, and Occidental Petroleum to name a few. All in all we'll hear from 1,613 companies between today and the end of the week. As for economic reports, we'll get the International Trade in Goods and Services report, and Consumer Credit. And we'll see if the market can build on last week's gain. So far, so good. See you tomorrow, [Kevin Matras - Signature] Kevin Matras Executive Vice President, Zacks Investment Research [See Zacks' Top Stocks for Free]( Starting today, you can get instant access to the latest picks from our time-proven strategies which since 2000 have soared far above the market. While the S&P 500 averaged +6.2% per year, our top strategies averaged gains as high as +46.4%, +49.5% and +55.2% per year. You'll also get our free Special Report, Top 10 Stock Screening Strategies that Make Money which spells out the formulas behind these top strategies. [See Stocks Free »]( Most Popular Articles from Zacks.com [Bear Market Rally or Bull Market Resumption? 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