by Flexible Plan Investments | May 26, 2020 | The Gold Bullion Strategy Fund
Last week, the gold spot price was down 0.52% and the U.S. Dollar Index was down 0.54%. The Gold Bullion Strategy Fund (QGLDX) lost 0.97% for the week. The value of the COMEX gold futures, which closes early at 1:30 p.m., was down 0.82% for the week. The...
by Jerry Wagner | May 26, 2020 | Market Update
The major stock market indexes finished up last week. The Dow Jones Industrial Average gained 3.3%, the S&P 500 Index rose 3.2%, the NASDAQ Composite climbed 3.4%, and the Russell 2000 small-capitalization index rocketed 7.8%. The 10-year Treasury bond yield rose...
by Flexible Plan Investments | May 26, 2020 | Quantified Funds
U.S. equity markets posted gains in all three indexes last week. The NASDAQ Composite gained 3.44%, the Dow Jones Industrial Average gained 3.29%, and the S&P 500 gained 3.20%. Ten of the 11 sectors were up last week; Industrials, which posted the largest gain,...
by Flexible Plan Investments | May 26, 2020 | What's Happening at FPI
Flexible Plan summer hours To thank Flexible Plan employees for their hard work and dedication, our office will close at 4 p.m. (EDT) on Fridays from May 29 through September to allow our staff to enjoy more of Michigan’s great summer. Do business quickly, securely,...
by Rick Andrews | May 26, 2020 | Gold Nugget
After breaking through the resistance line established over the previous four weeks, gold prices retraced to the same line extension, which has now become a support line (see the following chart). Gold finished the week at $1,735.59, still in an uptrend on the daily...