Weekly Average Momentum Index (AMI) rankings of SSPP, nSSPP, SELECT, ETF have been posted at: http://yechen.pan.googlepages.com/
Stock market started out the year with a big rally. The Dow Jones Industrial Average gained 258 points on the first trading day of the year and climbed above 9000 for the first time in the last two months. For the week, the Dow Jones Industrial Average gained 6.1%, the S&P 500 index increased 6.8% , and the NASDAQ composite index gained 6.7%. Their weekly stochatics are increasing but till below 50. We are closely following the market movement and see if the stock market can maintain the momentum going forward.
No comments:
Post a Comment