Friday, April 17, 2020
Chart of the Week – 4/17/2020
David vs. Goliath (Economic Realty vs. Unlimited Liquidity Spigot)
The chart of the week below shows that we have just had the strongest 15-day rally since May 1933 as measured by percentage gains. This gain illustrates the power of an oversold condition colliding with the largest fiscal and monetary stimulus ever bestowed on the markets.