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US open – COVID-19, earnings, data, gold, oil

From marketpulse.com

A flat start brings an end to yet another eventful week, as traders continue to weigh up just how detrimental COVID-19 will be to the global economy. It’s been interesting to watch investors navigate their way through this crisis as it was evident very early on that the scale of it would likely be unknown for a while at least. We had the inevitable panic to begin with and then, as the reality became worse than feared, calm was restored and stock markets found themselves back in record territory. Naturally, a stronger earnings season on Wall Street has provided a positive distraction for investors, desperate to find ... (full story)

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  • Category: Technical Analysis