Hello my Investors, Traders and Readers Friends. The market ended the week with a quiet unlike what happened in previous days. The DJ-30 went up 1.13%, the SP-500 increased 0.53% and the Nasdaq by 0.61%. The volume of shares traded was anemic compared to the previous days and significantly low volatility. One aspect I find remarkable is the SP-500 broke a resistance level. The next level of resistance of this indicator is around 1,225 points. This same situation not seen in the DJ-30 or the Nasdaq. In any case, it seems the market has begun a rebound that could take several weeks.
On the other hand, today I have included some posts I would like to recommend. You can find two articles related to the behavior that has been observed on consumers and what we could expect from there from now on. Do not forget, consumption is the main component of US GDP.
You will also see a video in which Jay Feuerstein makes his forecast about the DJ-30. You Know I do not make forecasts, but I find very interesting as some experts and analysts fail to build on the stock market projections.. Finally, I have included an interesting post about the gold market, as this is an asset that is becoming increasingly important worldwide.
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