The Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, RSP, SELECT, ETF, iETF, and sETF have been posted on the "Rankings" and "Trading Logs" pages.
Trading signal occurs in the sETF model portfolio: Sell IYK, Buy ITA
Stocks took a breather after a big surge last week. Investors' sentiment was weighed on as the yields of US treasuries shot up after a downgrade from the credit agency Moody at the end of the prior week. President Trump's announcement to slap a 50% tariff on goods from the EU also added to the slide of the stock market. The S&P 500 lost 2.61% to close at 5802, the Dow Jones fell 2.47%, and the Nasdaq Composite decreased 2.47% for the week.
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| The weekly chart of the S&P 500 index |
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