From TheStreet:
It’s the best of times and the worst of times for investors in 2017. In other words, we’re in a Dickensian tale of two markets right now.
It’s been easy to fixate on the positive lately. The big S&P 500 index hit new all-time highs last month, and it’s been holding up just below those record levels without missing a beat. Meanwhile, a full third of the index’s constituents are up 10% or more so far this year. That’s a breakneck pace this early in the calendar year.