Weekly chart of S&P 500 index |
Weekly stock market commentary and momentum rankings of ETFs and mutual funds.
Fund Rankings Update, 2/21/2020
Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, RSP, SELECT, ETF, iETF, sETF have been posted in "Rankings", "Trading Logs" pages, as well as in http://ycprankings.awardspace.us/RankingTables.htm.
Market was closed on Monday due to President day. Stocks initially went up and reached record high on Wednesday. However, economy impact due to corona virus outbreak weighed in on investors' sentiment and pulled the major indices to the negative territory. For the week, S&P 500 index went down 1.25% to 3337, Dow Jones Industrial Average lost 1.38% , and the technology laden NASDAQ composite index decreased 1.59%.
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