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Energy Had “Face-Ripping” Week, S&P Closes Just Under ATH

The S&P 500 closed at 4,229.89, which is just shy of the 52-week high of 4,238.04 and is about 25 points higher than the 4,204 level that we closed at last Friday before the three-day weekend. It was its best day since May 24th. What a three-day weekend it was. There is less and less maneuvering room for those who would make you think we’re stuck in a pandemic-oriented, stay-at-home reality. The beaches were full from sea to shining to sea and across the territories. Pent-up demand that ha...

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