Market Summary

The monthly chart of the S&P 500 below shows the rally off the March 2009 lows to the April 1010 highs and the pull back we have had since that time. And while we have 2 more days left in this month as it stands now we show having made a higher high and a higher low this month than last month. And while anything is possible it seems to me we have a good chance of finishing the month this way. September and October are seasonally the worst months of the year in the market. How it plays out this year we will just have to wait and see. Click on chart to enlarge.

Gold is the leader in performance on the YTD basis followed by the US dollar ETF UUP with the natural gas ETF UNG doing the worst. For the week the gas and oil ETFs were up the most and the natural gas ETF UNG was down a lot at -10.22%. Click on table to enlarge.