From being heavily oversold in late February, equity markets rebounded strongly in the last two weeks of March as a combination among investors of a fear of missing out (FOMO), buy the dip, and some careful optimism that Putin might seek a way out of continuing the war in Ukraine, all brought to bear in a decent equity rally. Specifically, just a couple of weeks ago Apple sold down to $150, Block (formerly Square) fell to $95, Tesla dropped to $766, Nvidia went to $213, Amazon to $2,720 and Google to $2,519.
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