We are nearly ready to bid farewell to 2017. I find it a bit hard to believe it's almost over. This was a year for the record books with the stock market just steadily climbing higher since the election last year. The S&P 500 Index had one of its rare down days today, closing at $2674, but still gaining 19% for the year. That isn't a record for SPX; it was up over 30% in 2013, but that was a roller coaster ride. I don't know of anyone who remained fully invested throughout 2013, but many investors did just that this year.
Economic data have been building all year. It looks like GDP will achieve a 3% plus year and we haven't seen that in a while. Consumer confidence measures continue at or near recent highs. One of the economic indicators many investors track is the Chicago PMI, a survey of industrial purchasing managers. The PMI reported at 67.6 this week, the highest level for that measure since March of 2011.
Our trading services all had positive returns for 2017, with Dr. Duke's Trading Group leading the pack at a net gain of 133%. A total of 66 trades were recommended with a win/loss ratio of 74%. Our weekly newsletter, The No Hype Zone, finished 2017 with a net gain of 32% on 27 recommended trades with a 70% win/loss ratio. The Conservative Income service ended 2017 at +12.4%. This service didn't beat the S&P 500, but those traders slept well at night. Our Flying With The Condor™ service trades the broad market indices non-directionally and ended 2017 at +6.5%. In a year like 2017, trading the market non-directionally proves very difficult as we are continually adjusting and re-positioning the call spreads in our positions.
As we reflect on the past year and look forward to new beginnings, we would be wise to focus on the truly important aspects of our lives. My business focuses on managing our finances, and most of us work in demanding professions. It is easy to be distracted from our families. This is my favorite time of the year because we tend to all slow down and reflect on our families and take time to be thankful for all of the blessings we enjoy.
As we near the end of 2017, I wish all of you a happy and prosperous new year.