The ETF Sector models were between -4.85% (Aggressive) and +0.25% (Moderate) compared to the SPY which closed down -2.66% on the week. The SPY closed the week under its 200-Day moving average and at its lowest levels in almost three months, down around 7% from its May 1st high. Continued concerns about tariffs and potential restrictions on trade paired with concerns over a global slowdown were largely responsible for the drop. Stay tuned for the
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