21 « March « 2010 « Investment Postcards from Cape Town

Words from the (investment) wise for the week that was (March 15–21, 2010)

By Prieur du Plessis, on March 21st, 2010 posted in: Investment, Markets, Money

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The major stock market indices added to their gains this week – obtaining comfort from the Fed’s policy statement that the “juice” was not about to be removed anytime soon – and hit 18-month highs before closing down on Friday as “quadruple witching day” in the US weighed on sentiment. A day earlier on Thursday, the S&P 500 tracking ETF (SPY) broke a 14-day winning streak – its longest since the launch of the ETF in 1993. […]

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