Gains have been so broad this year that nearly all investors have something to celebrate
By Ryan Vlastelica
Only three of the 28 investment categories Goldman tracks are down this year
It's like fish in a barrel. That is the sense investors may be maintaining in the face of Wall Street's recent uptrend this year.
Gains have been extremely broad in 2017, with most every major region, sector, and asset class positive. The uptrend has been so upbeat that of the 28 security categories tracked by Goldman Sachs, 24 of them have gained in the first nine months of the year.
Don't miss:What rose in the third quarter? Stocks, bonds--basically everything (http://www.marketwatch.com/story/what-rose-in-the-third-quarter-stocks-bondsbasically-everything-2017-09-29)
Also read: Why stocks may be 'on verge' of a melt-up
The year's leader, it should not come as a surprise, has been the information technology sector, which has seen massive gains thanks to the outperformance of such large-capitalization names as Apple Inc. (AAPL), Facebook Inc. (FB) and Google-parent Alphabet Inc. (GOOGL)(GOOGL). The three stocks represent most of the members of FAANG, a quintet of stocks (along with Amazon.com Inc. (AMZN) and Netflix Inc. (NFLX)single-handedly responsible for a hefty chunk of the overall market's rise (http://www.marketwatch.com/story/a-quarter-of-sp-500s-2017-climb-due-to-five-stocks-yes-those-five-2017-07-27).
The S&P 500 information technology sector is up 26% thus far in 2017.