NEW YORK ( TheStreet) -- The Dow Industrial Average ended last week above 14,000 for the first weekly close above that milestone since October 2007. The Dow closed above 14,000 the week of Oct. 6 to Oct. 13, 2007, and hasn't had a weekly close above 14K until now.The yield on the 30-year US Treasury bond ended last week at 3.228% the highest yield since the end of March 2012. As this yield rises, stocks become less undervalued and more overvalued.
Book Profits in Overvalued Market
Check Out Our Best Services for Investors
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.