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SPY Off 2.6% Past Week, 2.4% Past Month, But Still Up 5.2% YTD

CharlesCharles
edited August 2014 in Fund Discussions
Three distribution days last week, Thursday especially, where SPY dropped 2% on twice normal volume.

Below 10 and 50 day simple moving averages.

So, not a great July.

YTD, still a nice 5.2%.

For those of us long US equities, let's hope Berkshire Hathaway's latest earnings help reverse recent downward thread.

image

US aggregate bonds having decent year as well, despite low expectations. Seems to be treading water this summer, which I suspect is due to Fed's plans to unwind some QE measures.

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Comments

  • JohnChisum
    We are on the cusp of the 2014 Christmas shopping season. That might be the make or break for the markets this year.

    Thanks for the info Charles.
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