Weekly Market Outlook – A Rally This Week Doesn’t Necessarily Mean A Full-Blown Recovery
May 15, 2022 at 16:45 PM EDT
The market may have ended last week on a high note, but it still ended the week in the red - for the sixth week in a row. The S&P 500 is now down 13.2% from March's high. It's hardly turned into a new uptrend just yet.