Further bottom building into deeper November!
November 18th 2018
Market Review
U.S. stocks finished the week with losses. The Dow Jones Industrial Average dropped 2.2 percent over the week to 25,413.22. The S&P 500 lost 1.6 percent for the week to finish at 2,736.27. The Nasdaq shed 2.2 percent for the week to end at 7,247.87. Among the key S&P sectors, health care was the best weekly performer, while energy dragged. Most key S&P sectors ended in negative territory for the week, led by discretionary. The materials sector was the only gainer. The CBOE Volatility Index, or VIX, a measure of investor uncertainty, traded near 18.1. Read MoreFurther bottom confirmation! Get ready to raise exposure again!
November 11th 2018
Market Review
The U.S. stock market finished the week with solid gains. The Dow Jones Industrial Average gained 2.4 percent over the week to close at 25,270.83. The S&P 500 was also 2.4 percent higher on the week and finished at 2,723.06, the best week since May. The Nasdaq rallied 2.6 percent for the week to close at 7,356.99, its best week since August. Most key S&P sectors ended in positive territory for the week, led by materials. Utilities were the only decliners. The Chicago Board Options Exchange Volatility Index (VIX), a measure of investor uncertainty, fell to 19.51. Read MoreSmells like bottom building, but bullish impulses are missing as well!
November 4th 2018
