Week In Review: Summer Rally Continues On Wall Street Stocks ended the week higher as the robust rally continued on Wall Street. The Dow Jones Industrial Average joined the S&P 500 and Nasdaq Composite and turned positive for 2020 as the major indices continued to race higher. In short-term, the market remains extremely overbought and…
Week In Review: Here’s What The Shortest Bear Market In History Looks Like Stocks ended the week mostly higher as the benchmark S&P 500 finally hit a fresh record high. That officially made the 2020 bear market the shortest in history (see charts of the week section in the weekly report). The Nasdaq and…
Week-In-Review: S&P 500 Continues To Flirt With A New Record High Stocks ended the week higher after investors digested a slew of economic, earnings, and political data. Earnings and economic data were mixed to mostly positive last week and a deal did not get done in Washington before the break. The fact that a…
Week-In-Review: Stocks End Week High As Great Mini Rotation Unfolds Stocks rallied last week as investors digested a slew of earnings and economic data. After all was said and done, the market ended higher as investors rotated out of the leading high beta areas of the market and moved into the lower beta areas…