Opportunities Emerge In Mid-Caps And Small-Caps - Weekly Market Notes May 26, 2020
by BairdSummary
- All fifty states have now allowed some businesses to re-open and this has added fuel to the stock market rally last week.
- The market seems to be pricing in a quick economic recovery (V-shape) which would help explain the recent rally.
- Over the past month, the rally in the stock market has been concentrated in the mega-cap growth and tech stocks.
Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.