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.
Stocks edged higher for another week with senate passed the 1 Trillion bipartisan infrastructure bill and soon after senate Democrats passed the 3.5 trillion budget resolution. The mild July consumer price index also calmed the investors' fear about rampant inflation. For the week, S&P 500 index went up 0.71% to 4468, Dow Jones Industrial Average gained 0.87%, while the technology laden NASDAQ composite index decreased 0.09%.
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| Weekly chart of S&P 500 index |
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