Stocks may have been due for a pullback after gains in late March through April and could potentially have further to fall.
Research
Global Portfolio Strategy | May 11, 2020
As May began, investors continued to try to reconcile the strong rebound in stocks with the devastating economic damage from COVID-19.
Time For A Pause? | Weekly Market Commentary | May 11, 2020
The historically worst six months of the year have officially started, and combined with technical warnings, that suggests stocks may take a well-deserved break soon.
Client Letter | To Go But Up | May 7, 2020
Investors like labels for the economy and financial markets—many of them with the word “great” in them. The Great Depression.
Big News And New Forecasts| Weekly Market Commentary | May 4, 2020
The last week of April was a big news week. A very weak first quarter GDP highlighted a busy economic calendar…
What Happened to Oil| Weekly Market Commentary | April 27, 2020
Negative oil prices have dominated headlines recently. A combination of oversupply, lack of demand, and a lack of storage capacity resulted in temporarily negative oil prices…
Client Letter | How We Respond Matters, Revised | April 23, 2020
Small businesses have been impacted the most by the economic crisis, and the government and Federal Reserve actions to bridge the gap to better times are unprecedented.
Client Letter | How We Respond Matters | April 21, 2020
We’ve responded to COVID-19 with resolve and strength, and government and Federal Reserve responses have been unprecedented.
Is the Earnings Bar Low Enough?| Weekly Market Commentary | April 20, 2020
As earnings season begins, LPL Financial Research believe there will be winners and some challenges, the bar may be set too low, and corporate guidance may outweigh forecasts.
Market Insight Quarterly| First Quarter 2020 | April 16, 2020
Longest-running bull market has come to an end. The Russell 3000 Index slid 20.9% during the first quarter…