The weakness in the Shanghai Composite spooked investors at the start of the week but they seemed to be less concerned as the week progressed since the Composite lost another 10%. It was the worst month for the Shanghai Composite in the past six years. As the US market gapped lower to start the week the full slate of earnings reports and economic reports made many nervous. Therefore the 1.20% gain for the week in the Spyder Trust (SPY) was a pleasant surprise. The earnings seasons has been a pos...
The weakness in the Shanghai Composite spooked investors at the start of the week but they seemed to be less concerned as the week progressed since the Composite lost another 10%. It was the worst month for the Shanghai Composite in the past six years. As the US market gapped lower to start the week the full slate of earnings reports and economic reports made many nervous. Therefore the 1.20% gain for the week in the Spyder Trust (SPY) was a pleasant surprise. The earnings seasons has been a pos...
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