Stock Market Update: Week Ending April 24th

Markets rebounded a little this week. Of the 3 major indexes, the NASDAQ is the only one above, just slightly, the 30 week moving average line. States are looking to begin reopening. New York is hoping to reopen with precautions on May 15th. New York city has been especially hard hit by the pandemic, and is looking to reopen by June 1st.

This week's map from the CDC remains colorful.

How will the workforce look after the COVID virus? Will this finally be the death of the open office? Will telecommuting aka working-from-home become more acceptable? Lot's of speculation out there. Check out this Market Watch article. 

 

Stock Market Update: Week of April 16, 2020

Markets rebounded  little bit this week. The NASDAQ tip-toed above it's 30 week moving average, while the others are still beneath their MA line.

CNN's Fear & Greed Index is moving from it's position on the far left towards the center. Another hopeful sign.

COVID continues to spread across the US but some states are starting to recover too.

Many are looking forward to re-opening the country. Optimistically in May.

Stock Market Update: Week Ending April 11th and COVID Update

The market was up this week as it reacts to hope from government action to help people who are impacted by the virus financially. 


The virus continues to spread. Here is this week's CDC Map. More states are being impacted.

There have been some hopeful developments, including a test to detect antibodies and requests for people who have recovered to donate blood.

Gilead's drug to fight the virus may start testing next week.  (GILD)

This week ended with a bit of surge in the market. 

However, we are still in a stage 4 with the indexes below their 30 week moving average.

Working from home? How's your back? Movement is important. Some helpful tips:

• Anterior Pelvic Tilt - Dr. Body Gadget
• Excerise Video to treat pelvic tilt by HASfit.

Hoping we reach the peak soon and can start to return to normal.
 

Stock Market Update: April 3 2020

Coronavirus aka COVID-19 continues to dominate the headlines and people's state and mind.

The only sector with even a slight hint of positive signal is Consumer Staples. See Fidelity's chart below.

Some interesting looking stocks within that group are KMB, PG, WDFC and of course CLX. Note, the only one of those above it's 30 week moving average line is Clorox. Walmart (WMT) is also looking good.


This is a stage 4 market, and per Stan, you don't invest in a stage 4 market. Go at your own risk.