Totally Free Market Analysis.com
The S&P 500 Index fell again for the second week in a row, down -0.20%.
This small fall could be just a small break in the rally or a foreshadow of a start os summer sell-off, still too close to call. We continue to get mixed positive and negative economic news almost on a daily basis. There does however seem to be some positive results from our government's effort to stablize things.
On a good note, the was a increase of 2.4% in exisiting home sales as reported by the National Association of Realtors. There is now only a 9 1/2 month supply of unsold existing homes vice the 11.3 month supply from November of last year.
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