|Day's Range||214.76 - 215.55|
|52 Week Range||178.64 - 216.68|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.17%|
A recent survey shows money mangers have not believed in the US markets strong rally. Individual investors are just turning bullish but those that have been following my bullish market analysis over the past year are wondering when they should take profits?
Weekly technical summary of the major U.S. indexes.
U.S. equities finished lower on Friday as investors focused on an intensifying flow of second-quarter earnings reports. In the end, the Dow Jones Industrial Average lost 0.2%, the S&P 500 Index lost a fraction, the Nasdaq Composite gave back 4 basis points and the Russell 2000 ended lower by 0.5%. The dollar’s decline seems to be driven by some recent dovishness from the Federal Reserve (with Fed Governor Lael Brainard mentioning the dollar’s valuations repeatedly in a speech earlier this week), as well as growing expectations of quantitative easing tightening from the European Central Bank and the Bank of Japan.