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Week in Review 6/26/20

Down week for most equity indices with S & P 500 testing the 3000 level again. US Initial Claims still hovering around 1.5 million for the third week in a row. 10 Yr Treasury yield drops back down as demand rises again. FED Broad Dollar Index continues to indicate a strengthening dollar, even while M2 … Read more

Juggernaut Rally

On February 19th, 2020, the S&P 500 hit an all-time high of 3,386.15. Thirty-three days later, on March 23, the S&P 500 closed at 2,232.40, a 34% collapse. Between February and April, 5.3 trillion dollars of the S&P 500’s market cap was wiped out from Covid-19 Pandemic. Fast forward to the end of May, where … Read more