by Flexible Plan Investments | May 11, 2020 | The Gold Bullion Strategy Fund
Last week, the gold spot price was up 0.13% and the U.S. Dollar Index was up 0.66%. The Gold Bullion Strategy Fund (QGLDX) gained 0.17% for the week. The value of the COMEX gold futures, which closes early at 1:30 p.m., was up 0.76% for the week. The short-duration...
by Flexible Plan Investments | May 11, 2020 | Quantified Funds
U.S. equity markets posted gains in all three indexes last week. The NASDAQ Composite gained 6.00%, the S&P 500 gained 3.50%, and the Dow Jones Industrial Average gained 2.56%. All 11 sectors were up last week; Energy, the best-performing sector, was up 8.25%....
by Flexible Plan Investments | May 11, 2020 | What's Happening at FPI
Plan ahead: Flexible Plan hours on Memorial Day (May 25) Our office will be closed on Monday, May 25, in observance of the Memorial Day holiday and market closure. Regular office hours will resume on Tuesday, May 26, along with the Weekly Update. Clients can log in to...
by Rick Andrews | May 11, 2020 | Gold Nugget
Last week, gold prices continued to solidify support around $1,700 per ounce, closing the week at $1,713.90 per ounce (see the following chart). This base of support could provide the consolidation needed for the next leg up in gold prices during the current bull...
by Jerry Wagner | May 11, 2020 | Market Update
The major stock market indexes finished the week with strong gains. The Dow Jones Industrial Average grew 2.6%, the S&P 500 Index rose 3.5%, the NASDAQ Composite rallied 6.0%, and the Russell 2000 small-capitalization index gained ground with a 5.5 % advance. The...