Weekly Market Update – May 22
We hope you are well and ready to enjoy a beautiful holiday weekend. After declining last week, the S&P 500 increased this week and continues to trade inside a range of 2850-3000.
We hope you are well and ready to enjoy a beautiful holiday weekend. After declining last week, the S&P 500 increased this week and continues to trade inside a range of 2850-3000.
We hope this finds you well, and exploring more outside your home, or at least the sunny outdoors. This week, the S&P 500 declined, and bigger picture: has continued to move sideways over the trailing month, from the middle of April until now.
The S&P 500 continued its grind higher this week – we have continued to see market volatility trending lower as markets have digested much of the current economic fallout from the coronavirus pandemic.
Year to date, the low point of the S&P 500 happened on March 23rd. Since that time, stocks have rallied in spite of a host of negative announcements on the economy and record high unemployment.
We hope this finds you well. Here is a recap of this week’s performance in the S&P 500:
We hope this finds you well – and don’t worry, we are almost certain this is the last snowfall of the spring! Here is a recap of this week’s performance in the S&P 500
We hope this finds you well as we enter the Easter holiday weekend! We had a strong rally in stock markets this week. Here is a brief return summary:
We hope this finds you well. We will have another post at the end of the week, but for now we wanted to give an update on market performance for the month and year to date
CARES Act for Individuals – On Friday, congress passed, and the President signed into law, the Coronavirus Aid, Relief and Economic Security (CARES) Act. In addition to providing support to small businesses, the bill provides measures to help individual