Further bottom confirmation! Get ready to raise exposure!
February 21. 2016
Market Review
U.S. stocks finished the week with solid gains. For the week, the Dow Jones Industrial Average gained 2.6 percent to close at 16,391.99. The S&P 500 ended at 1,917.78 and booked a weekly gain of 2.8 percent. Both, the Dow and the S&P 500, managed to log their best weekly gains since November. The Nasdaq rocketed 3.9 percent over the week to finish at 4,504.43; the largest weekly gain since mid July. All key S&P sectors ended in positive territory, led by technology. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, held near 20.5. Read MoreSmells like an important low, but bullish impulses are missing as well!
February 14. 2016
Market Review
U.S. stocks finished a turbulent week with losses. The Dow Jones Industrial Average dropped 1.4 percent over the week to 15,973.84. The S&P 500 declined 0.8 percent for the week to finish at 1,864.77. The Nasdaq lost 0.6 percent for the week to end at 4,337.51. Most key S&P sectors ended in negative territory for the week, led by financials. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 26. Read MoreRetest of latest correction low in place (but positive signals are forming too)
February 07. 2016
