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.
The high-level consolidation that began in mid-June officially resolved to the upside this week, driven by block-buster corporate data and unexpected structural changes within the tech landscape. For the week, the S&P 500 rose 1.23% to close at 7575, the Dow Jones Industrial Average fell 0.5%, and the tech-heavy Nasdaq Composite advanced 1.74%.
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| The weekly chart of the S&P 500 index |
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