BHBGroupTrader Weekly Market Spread Report: Issue 2

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Capital Market Comment | Equity (Stock) Trade Idea 1: L.TO | Equity (Stock) Trade Idea 2: SPY SPG | Last Week's Trade Review | Subscribe | Disclosure

CAPITAL MARKETS COMMENT

Equity markets rose sharply for the week of May 4th, with the S&P 500 and TSX closing up 6.5% and 5.5% respectively on the heels of “reassuring” banking stress-test results and a better-than-expected loss in the number of non-farm payrolls. The headlines seduced once-wary investors to throw caution to the wind, but a closer examination beneath the surface of the stress-test results and the job numbers suggest that those reaching down for green shoots may in reality only be pulling up weeds. [...]

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