Reading the Current Market in Light of History’s Lessons

August 26, 2020

A webcast presentation originally held by Ryan Detrick, CMT on August 26th, 2020 as part of the CMT Association’s Educational Web Series.

In many ways, what we’ve seen so far in 2020 has been both record-breaking and devastating. With a near 40% loss from the S&P 500 Index peak on February 19 to the bear market lows March 23, investors are now trying to make sense of record-breaking gains during the past 4 months. Immense rallies in the past have taken place coming off major market lows near the start of new bull markets. What does this mean for returns going out six months to a year?

Join LPL’s SVP & Chief Market Strategist Ryan Detrick, CMT for his take on the US equity market for the back half of 2020 and what lies beyond. Ryan employs a variety of technical tools including sentiment indicators to understand the likelihood of near-term pullbacks as well as breadth, momentum and relative strength to help clients participate in leading sectors and individual names while looking for changes in the macro landscape that signal risk-off environments.