Friday extended the HOPE rally with the announcement that social distancing is about to be relaxed. SPY closed above prior resistance three days last week above the 50% retracement and the 50-DMA. ...
Week In Review – April 20 2020
5.25 Million Americans File Initial Jobless Claims… This brings the four-week total to just over 22 million, or 13% of the workforce. What it means – Add in the 3.5 million unemployed ...
1st Quarter Wrap Up
Have you ever said, “the more things change, the more they remain the same?” That certainly is no longer true for our daily lives due to Covid-19’s impact on society here and abroad. However, ...
Week In Review – April 13 2020
Federal Reserve Develops $2.3 Trillion Program to Support Households and Local Governments… Building on its Main Street Lending Program, the central bank announced that more entities would be eligible ...
Week In Review – April 6 2020
The U.S. Lost 701,000 Jobs in March, Unemployment Up to 4.4%… After two weeks of unemployment claims that topped 10 million, the unemployment rate started to reflect the effects of the economic ...