Market Review: Week Ending 5/29/2020 The S&P 500 Index rose again last week, closing at 3044 (+3.0%) and is now down only 5% in 2020.1 Powered by the weight of the easy money from the Federal Reserve and Fiscal Stimulus from…
Market Review: Week Ending 5/22/2020 The S&P 500 Index rose 3.2% last week, closing at 2955, the highest level since March 6th and 35% above than the March 23 lows.1 News on Moderna’s drug trial showing early indications of increased antibodies…
Market Review: Week Ending 5/15/2020 US equities took a breather last week after a stunning rally off the March 23 bottom, as heavyweight investors Stanley Drunkenmiller and David Tepper commented on what one called “the worst risk/return setup in my…
US equities continue to look through the worst economic period since the Great Depression as the S&P 500 Index gained 3.5% last week to close at 2929.1 The Index has rallied 31% since the March 23 low and is now down…
US equities started the new month with a sizable 2.8% selloff on Friday led by large declines in market-leading Technology stocks, which resulted in a small 0.2% drop in the S&P 500 Index for the week which closed at 2830.1 This…
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