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home / news releases / SPXT - Are Mutual Funds Going To Fund The Market's Last Round Before The Fed Closes The Bar?


SPXT - Are Mutual Funds Going To Fund The Market's Last Round Before The Fed Closes The Bar?

  • The race toward the Fed’s taper start deadline took an interesting turn last week.
  • Unless the market’s playbook has been permanently rewritten and higher interest rates are no longer the bane for higher stock prices, the bull market may now be living on borrowed time.
  • The Nasdaq 100 index (NDX) remained below its 20-day moving average but rebounded above the 50-day moving average and also moved back above the 50 area on RSI.

For further details see:

Are Mutual Funds Going To Fund The Market's Last Round Before The Fed Closes The Bar?
Stock Information

Company Name: ProShares S&P 500 Ex-Technology
Stock Symbol: SPXT
Market: NYSE

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