Updates on how dynamic, risk-managed investment solutions are performing in the current market environment.
U.S. equity markets posted gains in all three indexes last week. The Dow Jones Industrial Average gained 1.87%, the S&P 500 gained 1.52%, and the NASDAQ Composite gained 1.48%. Ten of the 11 sectors were up last week; Real Estate, which posted the largest gain, was up 4.87%. Four of the eight Quantified Funds were up last week: The Quantified Evolution Plus Fund (QEVOX) gained 2.76%, the Quantified Market Leaders Fund (QMLFX) was up 2.16%, the Quantified Common Ground Fund (QCGDX) gained 2.07%, the Quantified Alternative Investment Fund (QALTX) was up 1.46%, the Quantified Pattern Recognition Fund (QSPMX) was down 0.10%, the Quantified Managed Income Fund (QBDSX) was down 0.33%, the Quantified Tactical Fixed Income Fund (QFITX) was down 1.34%, and the Quantified STF Fund (QSTFX) was down 2.24%.
Last week, the gold spot price was up 2.06% and the U.S. Dollar Index was down 0.84%.
Last week, gold bounced back after testing previous lows.
I can still feel the doorjamb pressed hard against the back of my head, each move causing a painful tug against an errant strand of hair. But I wanted to be there, and I strained to stretch my body upward, fighting the urge to resort to tiptoes. Dad took the ruler and balanced it evenly on the top of my head. He then quickly penciled in a line at its intersection with the molding behind me.
The major stock market indexes finished mixed last week. The Dow Jones Industrial Average lost 1.75%, the S&P 500 Index fell 0.6%, the NASDAQ Composite rose 1.11%, and the Russell 2000 small-capitalization index lost 4.0%. The 10-year Treasury bond yield fell 3 basis points, and bond prices were flat. Last week, spot gold closed at $1,861.58, down $89.28 per ounce, or 4.6%.