The Market Bull
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Major Averages Closed In The Black
Despite volatile early trade the major averages closed in the black, shrugging of more extremely negative earnings and economic data.
Disappointing Earnings And Economic Data
The major averages closed with large losses on disappointing earnings and economic data. Covid-19 cases break 2 million worldwide, deaths over 130,000.
Market Bull April 14, 2020
Hi I’m your host Caleb Lawrence coming at you live from sunny Santa Cruz with today’s Market Bull investing update April 14, 2020
Major Averages Finish Mixed
After opening lower, the major averages finish mixed following the late NASDAQ rally. Covid-19 rages, earnings season gets underway this week.
Fed’s 4.5 Trillion In Announced Stimulus
Despite some fairly significant negative data the major averages closed with large gains as the Fed’s 4.5 trillion in announced stimulus works its magic. For the Easter holiday shortened week the Standard and Poors 500 Index advanced 212 points or 8.2%
Unable To Hold their Early Gains
The major averages closed with small losses unable to hold their early gains despite some generally positive economic data. Covid-19 shows few signs of slowing down and I don’t expect it to until late May.
Solid Gains To Begin The Week
Despite the Coronavirus continuing to rage with deaths and infections increasing exponentially. The major averages begin the week with solid gains on little real news.
Another Rough Week On The Street
Another rough week on the street as the economic data falls off a cliff, dragging the markets lower. Since Monday the S&P 500 Index has lost 70 points or 2.74%, while the NASDAQ gave up 210 points or 2.77%.
Disastrous Economic Data
Volatile trade sent the major averages into the close with solid gains despite a round of disastrous economic data. There will be many more.
Shelter In Place Order Extend 60-Days
Despite mixed economic data the major averages kicked off the 2nd quarter with substantial losses after the shelter in place order got extend 60-days.