U.S. markets closed lower on Friday after recovering steep losses midday while managing to close the week higher. The Dow has its best week of the year after surging 2.9% but giving back 0.2% to snap a 5-session win streak. The S&P 500 also slipped 0.2% while adding 1.5% for the week, its biggest weekly […]
Read MoreRotation day is finally here. Please liquidate the entire cluster that we’ve held for last 2 weeks and initiate the cluster below. Please allocate 25% to each of the 4 ETFs listed below. Buy 25% XLK ETF Buy 25% XLB ETF Sell 25% XLI ETF Sell 25% XLY ETF Please sell the previous rotation and […]
Read MoreU.S. markets returned to record highs following some solid economic numbers and additional support on the Senate tax reform bill. The Dow reached an all-time high of 24,327 after zooming 1.4% while the S&P 500 tapped a lifetime peak of 2,657 after rising 0.8%. Both indexes extending their monthly winning streak to 8-straight. The Russell […]
Read MoreU.S. markets pushed new record highs on Wednesday’s open with selling pressure and sector rotation hitting shortly afterwards. The mixed finish was slightly bearish with the Nasdaq tumbling 1.3% while holding shaky support at the 6,800 level. The S&P 500 traded to an all-time peak just south of 2,635 before slipping a point, or 0.04%, […]
Read More[MM_Member_Data name=’firstName’], U.S. markets traded to fresh all-time highs throughout Tuesday’s session despite pulling back midday on news that North Korea has fired another ballistic missile. The Dow gained 1.1% after testing 23,849 to pull within 1% of clearing the 24,000 level. The S&P 500 made a record run to 2,627 after rising 1% while […]
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