Today’s Editorial is about the S&P 500 Index breaking through the 3000 mark based on the Fed Chair hinting at looser monetary policy ahead. The following table shows the biggest gainers since the S&P 500 went through 2000 in mid-2014.
You can access the full Editorial at the following link by clicking HERE
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).
If you return to the market too soon, you could be fooled by a false recovery, especially in times such as these that are unpredictable due to the coronavirus. [more]
The S&P/TSX Composite Index (“S&P/TSX” or the “Index”) has reached a milestone. For the first time ever, it has closed above 20,000! From the March 2020 low, the Index has gone almost parabolic, with just a brief pause in September – October last year. This kind of relentless upward move usually ends with a pull-back, often resulting in a significant retraction. Downside support sits at 18,000. [more]