Stocks Want to Mark New Highs but…

Stocks should be marking a new 52-week high today on the back of this morning’s super consumer spending news. Unfortunately, several of other relevant and irrelevant pending events are plaguing our run and could unravel gains at a moment’s notice. It did not help that regional data out of Chicago and the latest Consumer Confidence measure contrasted against the consumer spending message. A push higher is warranted at this point and I think it’s reflected in the dollar’s recovery intraday, but given the significant wall of worry, data will have to continue to give investors reason for confidence as we progress through the week for us to get there. See the whole story at Stocks want to Mark 52-Week Highs but...

Security Sector	Into Noon 05-31-16
SPDR S&P 500 (NYSE: SPY)	-0.1%
SPDR Dow Jones (NYSE: DIA)	-0.3%
PowerShares QQQ (Nasdaq: QQQ)	+0.1%
iShares Russell 2000 (NYSE: IWM)	+0.5%
Vanguard Total Stock Market (NYSE: VTI)	-0.0%
Financial Select Sector SPDR (NYSE: XLF)	-0.1%
Technology Select Sector SPDR (Nasdaq: XLK)	-0.0%
Energy Select Sector SPDR (NYSE: XLE)	+0.2%
Health Care Select Sector SPDR (NYSE: XLV)	+0.2%
Consumer Discretionary Select Sector SPDR (NYSE:  XLY)	-0.1%
Consumer Staples Select Sector SPDR (NYSE: XLP)	-0.6%
Utilities Select Sector SPDR (NYSE: XLU)	+0.3%
Materials Select Sector SPDR (NYSE: XLB)	-0.2%
Industrial Select Sector SPDR (NYSE: XLI)	-0.1%
iPath S&P 500 VIX ST Futures (NYSE: VXX)	+0.8%
SPDR Gold Trust (NYSE: GLD)	+0.2%
United States Oil (NYSE: USO)	+0.8%
PowerShares DB US Dollar Bullish (NYSE: UUP)	+0.1%

DISCLOSURE: Kaminis is long UUP, and long USO since 05-31-16 afternoon. Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only. Article should interest investors in SPDR Dow Jones Industrial Average (NYSE: DIA), SPDR S&P 500 (NYSE: SPY), PowerShares QQQ Trust (Nasdaq: QQQ), ProShares Short Dow 30 (NYSE: DOG), ProShares Ultra Short S&P 500 (NYSE: SDS), ProShares Ultra QQQ (NYSE: QLD), NYSE Euronext (NYSE: NYX), The NASDAQ OMX Group (Nasdaq: NDAQ), Intercontinental Exchange (NYSE: ICE), E*Trade Financial (Nasdaq: ETFC), Charles Schwab (Nasdaq: SCHW), Asset Acceptance Capital (Nasdaq: AACC), Affiliated Managers (NYSE: AMG), Ameriprise Financial (NYSE: AMP), TD Ameritrade (Nasdaq: AMTD), BGC Partners (Nasdaq: BGCP), Bank of New York Mellon (NYSE: BK), BlackRock (NYSE: BLK), CIT Group (NYSE: CIT), Calamos Asset Management (Nasdaq: CLMS), CME Group (NYSE: CME), Cohn & Steers (NYSE: CNS), Cowen Group (Nasdaq: COWN), Diamond Hill Investment (Nasdaq: DHIL), Dollar Financial (Nasdaq: DLLR), Duff & Phelps (Nasdaq: DUF), Encore Capital (Nasdaq: ECPG), Edelman Financial (Nasdaq: EF), Equifax (NYSE: EFX), Epoch (Nasdaq: EPHC), Evercore Partners (NYSE: EVR), EXCorp. (Nasdaq: EZPW), FBR Capital Markets (Nasdaq: FBCM), First Cash Financial (Nasdaq: FCFS), Federated Investors (NYSE: FII), First Marblehead (NYSE: FMD), Fidelity National Financial (NYSE: FNF), Financial Engines (Nasdaq: FNGN), FXCM (Nasdaq: FXCM), Gamco Investors (NYSE: GBL), GAIN Capital (Nasdaq: GCAP), Green Dot (Nasdaq: GDOT), GFI Group (Nasdaq: GFIG), Greenhill (NYSE: GHL), Gleacher (Nasdaq: GLCH), Goldman Sachs (NYSE: GS), Interactive Brokers (Nasdaq: IBKR), INTL FCStone (Nasdaq: INTL), Intersections (Nasdaq: INTX), Investment Technology (NYSE: ITG), Invesco (NYSE: IVZ), Jefferies (NYSE: JEF), JMP Group (NYSE: JMP), Janus Capital (NYSE: JNS), KBW (NYSE: KBW), Knight Capital (NYSE: KCG), Lazard (NYSE: LAZ), Legg Mason (NYSE: LM), LPL Investment (Nasdaq: LPLA), Ladenburg Thalmann (AMEX: LTS), Mastercard (NYSE: MA), Moody’s (NYSE: MCO), MF Global (NYSE: MF), Moneygram (NYSE: MGI), MarketAxess (Nasdaq: MKTX), Marlin Business Services (Nasdaq: MRLN), Morgan Stanley (NYSE: MS), MSCI (Nasdaq: MSCI), MGIC Investment (NYSE: MTG), NewStar Financial (Nasdaq: NEWS), National Financial Partners (NYSE: NFP), Nelnet (NYSE: NNI), Northern Trust (Nasdaq: NTRS), NetSpend (Nasdaq: NTSP), Ocwen Financial (NYSE: OCN), Oppenheimer (NYSE: OPY), optionsXpress (Nasdaq: OXPS), PICO (Nasdaq: PICO), Piper Jaffray (NYSE: PJC), PMI Group (NYSE: PMI), Penson Worldwide (Nasdaq: PNSN), Portfolio Recovery (Nasdaq: PRAA), Raymond James (NYSE: RJF), SEI Investments (Nasdaq: SEIC), Stifel Financial (NYSE: SF), Safeguard Scientifics (NYSE: SFE), State Street (NYSE: STT), SWS (NYSE: SWS), T. Rowe Price (Nasdaq: TROW), Visa (NYSE: V) and Virtus Investment Partners (Nasdaq: VRTS).