Equities: Although performance was not robust, stocks bounced off their lows and finished at the upper end of their weekly trading range. Weekly percent changes: SP-500 (SPY) +0.39%; Nasdaq-100 +0.82%; and Russell-2000 (IWM) +0.82%.
Volatility: The VIX exchange traded fund has now declined 5 out of the last 7 trading weeks. After several previous weeks of support, Volatility (VIX) fell -2.67% for the week.
Bonds: The 20+ Year Treasury (TLT) fell to a new 7-week low, but retraced most of its losses and closed down only -0.75% for the week.
Currencies: Weekly performance for major currencies were as follows: U.S. Dollar (UUP) down -1.61% made a new 5-week low; Euro (FXE) up +2.15% hit a new 4-week high; and Japanese Yen (FXY) has been trapped in a sideways market for the last 8 weeks and eked out a +0.32% gain.
Commodities: Money flowed into commodities this week: DB Commodity Index (DBC) up +1.26%; Gold (GLD) up +3.12%; and U.S. Oil Fund (USO) up +0.49%.
Real Estate: The Dow Jones Real Estate Index (IYR) and Homebuilders Index (ITB) firmed up last week’s support with bullish reversal patterns. Over the week, they respectively returned +0.62% and +0.71%.
ETF Capital Markets Performance Summary
Market Moving Events
Bullish
Bearish
Neutral
