"V" Shape Recovery? | Weekly Market Minute


Given the recent action in the stock market, it appears to be pricing in more of a “v” shape recovery. What could be driving this?


As more states in the U.S. and more countries around the world start to reopen it seems to be boosting the confidence of the stock market. In addition, there are also strong hopes of a vaccine breakthrough as we now have multiple companies performing human trials. All of this has resulted in the S&P 500 nearing and possibly exceeding its 200-day morning average, which is followed closely by technical analysis and a break above this level would be considered bullish.


Whether the stock market is right or overly optimistic… time will tell, but there is no denying that there is just so much going and so many questions that will be answer over the weeks and months ahead. A few being, as the world starts to reopen do we see a spike in covid-19 cases? If we do, what is the number or percentage that gets the market nervous? We are now starting to see bankruptcies and small businesses that are announcing that they are closed for good. So, how many of those over 38 million jobs lost do not come back? There is hope for a vaccine, but when does hope turn into reality? What we do know for sure is that it will certainly be an interesting couple of months.


For a more detailed market report head on over to our Insights page. Where there are some of the key economic data points to be released this week. Also subscribe to our YouTube channel and check out some of our other social media pages.


This has been your weekly market minute, and we’ll see you on Monday – prefer to listen or watch? Check out our video & audio formats below:





Prefer Audio Over Video?

Stay informed on what's going on in the market without getting caught up in the flashy headlines.


Listen to this Episode:

"V" Shape Recovery


Duration: 2:10

  • LinkedIn Social Icon
  • Facebook Social Icon
  • Twitter Social Icon
  • YouTube Social  Icon

To view a copy of our Customer Relationship Summary (CRS), please Click Here

Advisory services offered through Asset Strategy Advisors, LLC. (ASA), Securities offered through Concorde Investment Services, LLC (CIS), member FINRA/SIPC, Insurance offered through Asset Strategy Financial Group, Inc. (ASFG). ASFG and ASA are independent of CIS. To access Concorde’s Form Customer Relationship Summary (CRS), please click here.

Asset Strategy does not offer legal or tax advice. Please consult the appropriate professional regarding your individual circumstances.

There is no guarantee investment plans will meet its objectives.

This site is published for residents of the United States only. Representatives may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed until appropriate registration is obtained or exemption from registration is determined. Not all of services referenced on this site are available in every state and through every advisor listed. For additional information, please contact Asset Strategy at info@assetstrategy.com. 

© 2020 Asset Strategy, LLC 

 Privacy & Use Policies  |  Broker Check  | Tax & Legal Discloure