Past Trades   - Mouse over the header of each column for detailed explanations.

December

November

October

September

August

July

Parts of the country have reopened only to shut down once again. Testing has increased dramatically and may only be causing more fear. Most are asymptomatic and not a threat to the population. This increases the number of cases in the country though and looks bad in general. The death rate of the virus is still very low and this doesn't include positive cases that have not been confirmed or tested. When everything is said and done, COVID-19 may look like a variant of the standard flu.

June

Wall Street continues to push higher on hopes of a rapid recovery from the voluntary economic shutdown due to fears of COVID-19. US jobs have made a comeback but unemployment is still in the double digits. Businesses have suffered because of the shutdown and have adjusted to having less staff. Some jobs are probably lost for good and only time will tell if we get the unemployment rate back to pre-pandemic levels.

May

The markets have recovered in the past month but as more economic data gets released, analysts are changing their forecast for future revenues. With unemployment so high and the fear of the unknown, people are not spending as much as they did before the pandemic. This will hurt revenue for companies and the expectations of earnings will be downgraded.

April

The markets have recovered about half of the losses suffered from last month. Employment losses are projected to be in the millions for the April jobs report which will be release in May. Investors are looking beyond the current situation and focusing on 2021, essentially writing off the expected losses that companies will temporarily go through. An economic rebound is anticipated and as long as the world makes progress against the virus, economies will continue to progress and possibly avoid a recession.

March

As countries around the world quarantine themselves to slow the spread of the COVID-19 virus, stock markets have entered bear market territory. The US economy was running on all cylinders and has been forced to almost an all-stop. If the current administration can get the economy running again soon, the end-of-the-world scenario may become just a minor hurdle in a roaring economy. We will see what measures Congress comes up with...and if it will be enough.

February

The coronavirus has taken center stage on the world economy. Fears of a pandemic have sparked selloffs in markets around the globe. For the most part, the virus is being contained but spikes in the number infected and who have died are scaring investors. The US markets were at record highs and this event may be the catalyst to take profits. We haven't had a 10% correction in a while and this may be the time.

January

The Santa Claus rally has continued into the New Year and pushed the markets to record highs. Any negative news is shrugged off and acts as a springboard for the markets to jump higher. It may take a significant event to pull this market down.