Was that the Low?
An episode of the Casual Friday: Financial Insights podcast, hosted by Ford Financial Group, titled "Was that the Low?" was published on June 3, 2022 and runs 18 minutes.
June 3, 2022 ·18m · Casual Friday: Financial Insights
Summary
Stocks rallied hard the prior week week, as the S&P 500 Index broke a seven week losing streak in resounding fashion; its 6.6% gain was the best since November 2020. That strong response from equities, following one of the worst starts to the year ever, has many investors questioning, “Was that the low?” While we are certainly open to that possibility, Brian takes a look at why the technical picture suggests volatility is likely to remain elevated in the near term. Sign up for Our June 2...
Episode Description
Stocks rallied hard the prior week week, as the S&P 500 Index broke a seven week losing streak in resounding fashion; its 6.6% gain was the best since November 2020. That strong response from equities, following one of the worst starts to the year ever, has many investors questioning, “Was that the low?” While we are certainly open to that possibility, Brian takes a look at why the technical picture suggests volatility is likely to remain elevated in the near term.
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Chart: S&P Resistance
Chart: Midterm Year Bottoms
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Music:
Cold Funk - Funkorama by Kevin MacLeod is licensed under a Creative Commons Attribution license. Source. Tracking ID: 1-05287772, 1-05287772, 1-05289399
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