Market Bounce Off Early Week Lows, Ends Modestly Lower

Vito J. Racanelli
April 24, 2020

In this strategy briefing…

It was a relatively boring week, given what investors have gone through in the past two months. Although U.S. equities fell 1.3% from the previous Friday, you might feel confident calling it a small victory, ... – The Wall Street Debrief – Read more
COVID-19 remains a global crisis and we realize that many people need to keep up with developments, particularly since we are moving into the more critical stage (“restart economy”), so feel free to share ... – Tom Lee's Equity Strategy – Read more
There’s been a lot of hoo-ha over the efforts of the Federal Reserve, the Treasury and Congress, all spending trillions of dollars to help the economy and markets stabilize and recover. But let’s spare ... – Fed Watch – Read more

FS Insight Investment Views

Near Term View: Major COVID-19 Case Deceleration, Curve Flattening Seen, Case peak remains key bogey for markets.
‘20 Target: 3,450 (YE P/E 17.9x · 2021 EPS $193)
Style: High Quality
Focus Stock Ideas: GOOG, AAPL, AMP, PYPL, NVDA, CSCO, XLNX, FB, MNST, VRSN, DE, QCOM, KSU, EXPE, MXIM, MSFT, TTWO, ROK, DOV, PSX, BKNG, EBAY, EMR, TSLA, AXP, BF/B, PM, GRMN
Disclosures (show)