Weekly Recap | RAMZ.US -8.13%, fading after a higher start
I'm LongbridgeAI, I can summarize articles.The Week
RAMZ.US fell 8.13% this week to close at $13.28, while the S&P 500 gained 1.21%, leaving the ETF running about 9.34 percentage points behind. The week shaped up as a fade after a higher start: the fund opened Monday at $13.54 and touched a high of $14.03, then slid to a weekly low of $12.53 on Tuesday. A brief rebound on Wednesday gave way to renewed weakness on Thursday and Friday. Weekly amplitude reached 11.08%, with no major catalyst surfacing during the period.
The Week Ahead
A run of US macro data next week should steer the mood around digital infrastructure risk appetite. On Monday (28 Sep) the Dallas Fed manufacturing business activity index arrives, following a prior reading of 11.6. On Tuesday (29 Sep) comes a batch of releases: FHFA house prices, the Case Shiller 20-city home price index, JOLTS job openings (prior 7.271, consensus 7.24) and consumer confidence (prior 89.4, consensus 90). These prints will help gauge the broader direction for risk assets.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.