By J Clinton Hill, Capital Markets Strategist @ Hillbent.com
Market Commentary: August-1-2016
Tonight’s comments will be extremely brief. Here we begin a new month and the fourth week in breakout territory for the S&P 500. Since then, market momentum has definitely decelerated amongst the bullish and I suspect we are heading for a support test at 2000, earnings or not. Keep Hillbent for the Market Direction…
For your convenience and reference, below are a chart of the S&P 500 and our exchange traded funds performance table for a comparative summary analysis of asset classes.
ETF Performance Summary: August-1-2016