Nasdaq hits all time closing high, S&P 500 highest close since February 21st

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by xkcd_fan

The market will continue going down as soon as

The first quarter ends

Jobless claims stay elevated

Coronavirus cases and deaths surge

Q1 earnings disappoint

April unemployment numbers come out

Re-opening hopes are dashed

Vaccine euphoria fades away

Real economy slows down

The Fed disappoints in their statement and press conference

May unemployment numbers come out

There’s a 2nd wave of COVID

Re-openings are reversed

The 2nd quarter ends

Q2 earnings come out <– YOU ARE HERE

$600/week ends

Stimulus hopes vanish

Schools reopen and COVID cases surge

Vaccine takes longer than expected

Q3 re-balancing ends

Election is over

2020 ends

 

 

Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.

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