LPL: Strong Breadth Surge
Market Blog On Wednesday, the S&P 500 Index closed above its 200-day moving average for the first time since March 4. While that move marks an important milestone for an index that has rebounded more than 35% from its March 23 low, we believe market internals may paint an even more promising picture for future […]
Lord Abbett: Pandemic Brings U.S. Fiscal Stimulus on Steroids
Pandemic Brings U.S. Fiscal Stimulus on Steroids May 27, 2020 Jeffrey O. Herzog, Ph.D. Portfolio Manager There have been only a few times in U.S. history where government social benefits have showed up large in monthly personal income data. This will be one of them. In Brief: You get a car! You get a car! […]
John Hancock: Weekly Market Recap Week Ended May 29th
May flowers The latest month’s stock market gains paled in comparison with April’s sizzling double-digit returns, but the major indexes continued to regain ground lost when stocks fell sharply in February and March. The NASDAQ added nearly 7% in May, while the S&P 500 and the Dow both rose more than 4%. Style […]
Kevin Miller on Cheddar TV
Click here to watch: https://cheddar.com/media/americans-filed-for-unemployment-insurance-last-week-numbers-continue-downward-trend