U.S. Equity Markets Performed Well
U.S. equity markets performed well last week while the remainder of the world equity markets were basically a mixed bag. Junk bonds were muted and continue to struggle.
Coffee
Coffee put in a new recent low and rebounded higher.
Instruments Removed
The following instruments were removed from the selected instrument list:
ZURVY Zurich Insurance
GSK Glaxo Smith Kline
HCP HCP Inc.
MRK Merck
Bullish not Bearish
To paraphrase from Ken Fisher in the last week,”If you can’t find a reason to be bearish, it probably makes sense to be bullish”.
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