Trading signal occurs in FEMKX model portfolio: Sell FEMKX, Buy Cash
Stocks manged to stay above the support level even as momentum headed south. Technology sectors, boosted by good earning reports, outperformed the general markets. For the week S&P 500 index closed at 2141, up 0.38%, Dow Jones Industrial Average gained 0.04% and technology laden NASDAQ composite index increased 0.83%.
Weekly chart of S&P 500 index |
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