Weekly Market Outlook

S&P500 above its 200-day moving average, up +3.0% for the week. Stock market extended its rally on continued optimism about economic recovery and fear of missing out. U.S.-China relations are front news again as there was uncertainty regarding China approving legislation to tighten its control over Hong Kong.
01 Jun 2020

MARKET OUTLOOK, 01 JUNE 2020

S&P500 above its 200-day moving average, up +3.0% for the week. Stock market extended its rally on continued optimism about…

The stock market was up this week with the S&P 500 +3.2% to end the week at 2955.45. Moderna (MRNA) was responsible for most of the earnings this week after announcing they have preliminary results for a coronavirus vaccine, this piece of news jump-started the week as the market made most of this week’s return on this day
25 May 2020

MARKET OUTLOOK, 25 MAY 2020

The stock market was up this week with the S&P 500 +3.2% to end the week at 2955.45. Moderna (MRNA)…