"Pain in Spain is seen as declining", "QE and US Dollar easing", "IWM, SPY, TLT, GLD, VXX"
For the week starting March 19th, the market Sectors Returns (week over week) and Internals were the following:
SP 500: 3.73%
- Volatility Index % change, VIX = -20.37%
- Short term bond rate (average of 3 year and 5 year) = 0.55%
- 10 year Treasury yield = 1.65%
- Small Cap (IWM): 4.27%
- Latin America (ILF): 3.14%
- Europe (IEV): 4.61%
- Emerging Markets (EEM): 3.38%
- Commodities (DBC): 1.7%
- Long term Bonds (TLT): -3.95%
- US Dollar Index, 8 DMA: 82.43
- Gold, (GLD) change: -1.76%
- Put/Call Ratio, total of equity/Index = 0.96
- Bull/Bear Ratio, Investors Intelligence survey =
- NYSE (New Highs - New lows), 8 DMA = 10.66
Next Week's economic calendar:
- MBA Mortgage index, retail sales, PPI, Core PPI, Business Inventory - 6/13
- Core CPI, Industrial Production, Michigan Sentiment - 6/15
