Rally is running out of steam! Time to cut exposure again!
March 18th 2018
Market Review
U.S. stocks finished the week with losses. The Dow Jones Industrial Average declined 1.5 percent over the week to 24,946.51. The S&P 500 recorded a weekly drop of 1.2 percent to finish at 2,752.01. The Nasdaq lost 1.0 percent for the week to end at 7,481.99. Most key S&P sectors ended in negative territory for the week, led by materials. Utilities were the only gainers. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 15.8. Read MoreExpect to see a retest of the latest bull-market high, but..
March 11th 2018
Market Review
U.S. stocks finished the week with solid gains. The Dow Jones Industrial Average gained 3.3 percent over the week to close at 25,335.74. The S&P 500 jumped 3.5 percent for the week to finish at 2,786.57. The Nasdaq ended at 7,560.81 and jumped 4.2 percent over the past five days. The tech-heavy index notched its first closing record since Jan. 26. All three benchmark indexes posted their best weekly performance in three weeks. All key S&P sectors ended in positive territory for the week, led by financials. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, closed near 14.6. Read MoreThe S&P 500 is exactly following our projected path!
March 4th 2018