Trading signal occurs in HSA model portfolio: Sell IUTIX, Buy VIMSX
Dovish speech from Fed Chair Janet Yellen pushed the stocks higher. S&P 500 index break above the 2050 resistance level with increasing momentum. For the week S&P 500 index closed at 2072, up 1.81%, Dow Jones Industrial Average gained 1.58% while technology laden NASDAQ composite index increased 2.95%.
Weekly Chart of S&P 500 Index |
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