What an interesting week for the markets!! On Tuesday, the S&P 500 closed above that 2100 resistance level which was outstanding. Then came Thursday when the Dow fell 252 points, only to rally on Friday with a gain of 370 points. When all was said and done, the S&P 500 closed up 1.6 points for the week, which is at least in the right direction. As such, we recommend maintaining the same allocation.
What an interesting week for the markets!! On Tuesday, the S&P 500 closed above that 2100 resistance level which was outstanding. Then came Thursday when the Dow fell 252 points, only to rally on Friday with a gain of 370 points. When all was said and done, the S&P 500 closed up 1.6 points for the week, which is at least in the right direction. As such, we recommend maintaining the same allocation.