2020 1st Quarter Outlook


Stocks were celebrating along with the President during the China Trade Deal signing ceremony, but as the afternoon wore on, buyers seemed to run out of gas. More than a sell the news event, it appeared that the buyers had already used up most of their energy, and it was simply time to take a rest. Stocks still ended higher, but off the highs of the day.

For the day, the Dow Jones Industrial Average was up 90 points to close at 29,030. The S&P 500 was up 6 points to finish the day at 3,289. Gold was up $12 to trade at $1,556 per ounce, while oil was down $.17 to trade at $58.06 per barrel WTI.

We’ve attached the 1st Quarter 2020 outlook. Let us know if you have any thoughts or questions.

Have a nice evening everyone.

2020 1st Quarter Outlook

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