Dead Boogeyman?
Last week saw a pretty dismal month of April finally come to an end with most indexes suffering a >4% loss for the month, the first monthly setback of the year. But stocks enjoyed a second consecutive week of higher prices after a wild ride that navigated some big earnings reports, a Fed interest rate decision meeting and a Jobs Report.
The bulls remained in the driver's seat from the previous week on Monday as the recently-shaky stock prices of Apple and Tesla continued their recent recoveries and helped drag all the indexes modestly higher on the day, taking the S&P 500 to its highest level…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.