Published May 16, 2025
Stocks have rebounded largely from the April selloff. Our friends at Delta Research outline the recovery and first quarter earnings results below:
“In basketball playoffs, teams fight all season for home court advantage. For investors, that advantage lies above the S&P 500’s 200-day moving average. On March 7, the index fell below this key level, followed by a “death cross” on April 14, when the 50-day moving average crossed below the 200-day. This week, on May 12, the S&P 500 roared back above its 200-day moving average, signaling a potential shift. (more…)