Peak to Trough to Peak in 175 Days
The S&P 500 has nearly completed a full recovery from the first quarter selloff....
The S&P 500 has nearly completed a full recovery from the first quarter selloff....
Q2 of 2020 marked the worst of the fallout from the Virus, as illustrated by the start of the shutdowns...
When uncertainty runs rampant, as it has for the past six months, it can be tempting for some investors...
A record 4.8 million jobs were added to the U.S. economy in June, bringing the unemployment rate down to 11.1%, from a peak of 14.7% in April.
The shocking economic figures are now coming to the upside. Last week, the Commerce Department reported that retail sales jumped...
It apparent that many new traders are new to the market, and an early winning streak can give rise to more speculative behavior.
Continuing jobless claims showed their first decline since this pandemic started, dropping 3.86 million to 21 million in last week’s report.
Even though job losses continue to be historic and tragic, the economy has started to show some forward-looking signs of stabilization.
If you peel back a layer of the S&P 500 index, you can find plenty of casualties from this recent market chaos, even if the index overall has recovered about 60% of its losses.
Microsoft, Apple, Amazon, Facebook & Alphabet (Google) account for over 20% of the S&P 500’s weighting.