by David Wismer | Aug 3, 2020 | In My Opinion
This year has been somewhat like a master class, or real-time laboratory, in illustrating some classic concepts of behavioral finance in a compressed time frame. Think about it. Investor emotions and behavior have been on a roller-coaster ride throughout 2020—unlike...
by Jason Teed | Aug 3, 2020 | Market Update
Most of the major stock market indexes gained last week. The S&P 500 Index was up 1.72%, the NASDAQ gained 3.69%, and the Russell 2000 small-capitalization index rose 0.88%. The Dow Jones Industrial Average was the only loser for the week, falling 0.16%. The...
by Flexible Plan Investments | Aug 3, 2020 | Quantified Funds
U.S. equity markets posted gains in two of the three indexes last week. The NASDAQ Composite gained 3.69%, the S&P 500 gained 1.73%, and the Dow Jones Industrial Average lost 0.16%. Seven of the 11 sectors were up last week; Information Technology, which posted...
by Flexible Plan Investments | Aug 3, 2020 | The Gold Bullion Strategy Fund
Last week, the gold spot price was up 3.88% and the U.S. Dollar Index was down 1.15%. The Gold Bullion Strategy Fund (QGLDX) gained 3.51% for the week. The value of the COMEX gold futures, which closes early at 1:30 p.m., was up 3.15% for the week. The short-duration...
by Rick Andrews | Aug 3, 2020 | Gold Nugget
Gold set new all-time highs last week, finishing at $1,985.90 per ounce (see the following chart). The precious metal is now in position to reach $2,000 per ounce. Gold’s rise has come as the U.S. dollar has declined, falling over 5% in the last three months. The...