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Weekly Commentary | May 5, 2024 | Some Decent Buying Options. A Look At CPSM
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Weekly Commentary | May 5, 2024 | Some Decent Buying Options. A Look At CPSM

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Yield Hunting
May 05, 2024
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Weekly Commentary | May 5, 2024 | Some Decent Buying Options. A Look At CPSM
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Summary

  • Stocks ended the week higher following a less hawkish FOMC meeting and a cooler than expected jobs report.

  • Good earnings reports from Apple and Tesla contributed to the positive market performance.

  • Economic indicators such as Services PMI, Chicago PMIs, and consumer confidence declined, while open job positions reached a three-year low.

  • We look at a…

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