Short-term breather possible but no reason to panic right now!
April 21st 2019
Market Review
U.S. stocks finished the holiday-shortened week nearly unchanged. The Dow Jones Industrial Average booked a weekly gain of 0.6 percent to close at 26,559.54. The S&P 500 slipped 0.1 percent during the week to end at 2,905.03. The Nasdaq eked out a little weekly gain of 0.2 percent to finish at 7,998.06. Among the key S&P sectors, the industrials sector was the best weekly performer, while health care dragged. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, closed at 12.1. Read MoreNo major deal-breakers visible, although increased volatility looks quite likely!
April 14th 2019
Market Review
U.S. stocks finished the week mostly with gains. For the week, the Dow Jones Industrial Average lost 0.1 percent to close at 26,412.30. The S&P 500 booked a weekly gain of 0.5 percent to end at 2,907.41. The Nasdaq added 0.6 percent for the week to end at 7,984.16. Among the key S&P sectors, the financial sector was the best weekly performer, while health care dragged. The CBOE Volatility Index(VIX), widely considered the best gauge of fear in the market, traded near 12. Read MoreExpect new bull-market highs soon! PS: New high in our model portfolio!
April 7th 2019