A Look at Monday’s Market: The overall market moved sharply higher in a broad based move that saw every index I track move higher on the day as well. The strongest sectors were the airlines, High Tech, Financial, Retailers, Healthcare…
Tag Archive for Amex Pharmaceuticals Index
Sterling Weekly for the Week of February 13th, 2012 – 2011 Index Performance Results
by sterlinginvestments • • 0 Comments
I was fairly surprised when I looked at the performance results of the various indices I track. Sterling Investment Services tracks roughly 39 various sector indices. Of these indices, 3 are interest rate indices that track the movement of interest rates, and the other 36 indices are stock based indices that either track the broad market or are designed to track specific market sectors.
The 3 interest rate indices I track obviously did well as the Fed manipulated interest lower, sending bond prices higher in the process. It is tough to get any message from a manipulated market. However, what I do see is a bubble forming that I am very concerned will be far more damaging to the US and world economy when it bursts than the housing bubble was when it burst. Of the 36 stock indices I track, 13 managed to show positive gains for 2011, however it should be noted that
Market Commentary – August 2nd, 2011
by sterlinginvestments • • 0 Comments
A Few Thoughts After the Close: The overall market moved sharply lower yesterday in a broad based selloff that saw every index I track move lower on the day. The weakest the Airlines, Retailers, High Tech, Cyclicals, Transports, and Banking…
Market Commentary – July 19th, 2011
by sterlinginvestments • • 0 Comments
The Dow Jones Industrial Average closed lower yesterday at 12,385.16 Oil was lower by $1.35 to $96.25 per barrel, and Gold was higher by $12.30 to $1,602.40 per ounce. A Thought Before the Open: In looking at the charts from…