Last week was another uneventful week in the equity market. The S&P 500 ($SPX) closed up less than half a percent; however the bond market was able to post some solid gains with the iShares 20+ Year Treasury ETF ($TLT) finishing the week up 1%.
I’m not doing a complete Weekly Technical Market Outlook post because not much happened and I don’t believe in writing fluff.. Breadth improved, momentum put in another lower high, and the health care sector ($XLV) continues to be the strong performer for 2014.
I’ll continue posting commentary this week on various subjects and will hopefully be able to have some more some updates for you in next week’s Technical Market Outlook.
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Disclaimer: Do not construe anything written in this post or this blog in its entirety as a recommendation, research, or an offer to buy or sell any securities. Everything in this post is meant for educational and entertainment purposes only. I or my affiliates may hold positions in securities mentioned in the blog. Please see my Disclosure page for full disclaimer. Connect with Andrew on Google+, Twitter, and StockTwits.
