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 SELECT model portfolio: Sell FSENX, Buy FDCPX
Trading signal occurs in sETF model portfolio: Sell IEZ, Buy IXN
The major averages closed higher this week supported by the news that the U.S. and Iran had signed an interim agreement extending the April ceasefire by 60 days, allowing commercial shipping to resume safely through the Strait of Hormuz. For the week, the S&P 500 rose 0.93% to close at 7500, the Dow Jones Industrial Average gained 0.71%, and the tech-heavy Nasdaq Composite shot up 2.43%.
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| The weekly chart of the S&P 500 index |
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