The COVID-19 market volatility continues as equity markets seek to value the impact on company stocks. In this week’s Technical Insights, Toby from Trade With Precision, discuss the state of play on the ground in the US. As commerce remains shut down in the US, the US NDAQ 100 has continued to rebound, shrugging off bad unemployment news and rallying to retest the 8,000 level. Is the rally real, or just a head fake?
Disclaimer: CMC Markets Singapore may provide or make available research analysis or reports prepared or issued by entities within the CMC Markets group of companies, located and regulated under the laws in a foreign jurisdictions, in accordance with regulation 32C of the Financial Advisers Regulations. Where such information is issued or promulgated to a person who is not an accredited investor, expert investor or institutional investor, CMC Markets Singapore accepts legal responsibility for the contents of the analysis or report, to the extent required by law. Recipients of such information who are resident in Singapore may contact CMC Markets Singapore on 1800 559 6000 for any matters arising from or in connection with the information.
