Supported by the ultra-accomodative Federal Reserve policy and rising optimism for a COVID 19 vaccine both the S&P 500 Index and the Nasdaq experienced in August their best monthly performance…
Author: Omar Lahyani
PentaNews August 2020
Global equity markets continued to maintain the breakout that began at the end of June, and the S&P500 index finally turned positive for the current year. We are almost back…
PentaNews July 2020
Perhaps the most important news for June is that the US market closed the month above its 200-day moving average and even above its 50-day moving average, despite considerable volatility.…
PentaNews June 2020
Stock markets worldwide continued to rise in May despite the unstable economic situation. Since I started investing, I have never seen a more glaring example of how investors first prepare…
PentaNews May 2020
Back to happy days again! Well, probably not (yet)… While we had a very solid rebound in April, the social and economic situation still looks very unpredictable. Equities rallied this…
PentaNews April 2020
What a crazy month! Swings of over 4% a day have been the rule and US equities closed the worst quarter since 1987… Panic selling led to margin calls for…