Neck and Neck Performance
StockPicksForProfit and the S&P 500 were in neck and neck performance this week. S&P 500 performance: Monday -1.08%, Tuesday 0.38%, Wednesday 1.09%, Thursday -2.09%, and Friday -0.95%. StockPicksForProfit performance: Monday -0.22%, Tuesday 0.58%, Wednesday 0.63%, Thursday -0.20%, and Friday 0.38%.
The S&P 500 closed down -2.65% for the week; while StockPicksForProfit closed very slightly up at 0.38%.
Our market analysis continue to show the overall market in a downtrend. Short positions may outperform long positions.