07|22|2024

Leading Indicator Watch | July 19, 2024

Our leading indicators this week focused on the S&P 500: The S&P 500 fell by 110.35 points, closing at 5,505.00 (up 15.41% YTD). Market volatility as measured by The CBOE Volatility Index (VIX) jumped from 12.4 to 16.5.  Coming corporate earnings reports will help the market determine a direction for Q3.

Be sure to check out more of last week’s leading indicators here. Stay tuned for Market Thoughts.

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Always remember that while this is a week in review, this does not trigger or relate to trading activity on your account with Financial Future Services. Broad diversification across several asset classes with a long-term holding strategy is the best strategy in any market environment.
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