Sunday, June 21, 2009

ETF Rewind - Week 25 (06/19/09)

(Click Image to Enlarge/ Glossary)

Family happenings have this post necessarily short gang. The S&P 500 (SPY) fell -2.7% last week for the first negative reading in nearly a month. To cut to the chase, I once again have a mildly negative expectation for the upcoming week. Not withstanding that outlook, it will be most interesting for technicians and fundamentalists alike to see how the markets react to both Wednesday's FOMC statement and the inevitable 50/200-day moving average cross on the S&P 500 pending any day now.

Week Twenty-Six of 2009, the mid-point of the trading year, features Home Sales, Durable Orders, an FOMC Statement, and Personal Income & Spending Data, as follows:

Have a Terrific Week!

Never Investment Advice

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