The S&P 500, Dow Jones Industrials and NASDAQ 100 cash indices finished higher across the board by +5.88%, +5.15% and +7.68%, respectively. As we get set to wrap up the first full week of April, no storm clouds appear imminent in spite of mixed economic readings and earnings season just on the horizon....
Volatility: Consistently Low (VIX 16-20)
Direction: Highly Positive
The Style-Box was calculated using the following PowerShares™ ETFs: Small-Growth (PWT), Small-Value (PWY), Mid-Growth (PWJ), Mid-Value (PWP), Large-Growth (PWB), and Large-Value (PWV). The Sector-Ribbon was calculated using the following Select Sector SPDR™ ETFs: Materials (XLB), Industrials (XLI), Energy (XLE), Staples (XLP), Discretionary (XLY), Financials (XLF), Technology (XLK), and Healthcare (XLV). The Standard & Poors 500, Dow Jones Industrial Average and NASDAQ 100 may be traded through ETF proxies, including the SPY or IVV, DIA and QQQQ, respectively.