Trading signal occurs in SSPP model portfolio: Sell FOCPX, Buy FLPSX.
Stocks edged higher to record territory for the second week. S&P 500 index closed at 1804, up 0.37%, Dow Jones Industrial Average gained 0.65%, while Nasdaq composite increased 0.14% for the week. S&P 500 index and Dow Jones Industrial average have both broken above their psychological barriers of 1800 and 16000 respectively. Nasdaq composite is not far behind with 3991, 9 points shy of the 4000 barrier.
Weekly Chart of S&P 500 Index |
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