Second half outlook: Stock market comeback may hit a wall as coronavirus cases spike again

Emanuel said the fact that institutions have put more money into stocks recently means they are no longer underinvested and compelled to buy. "That's different than what we saw in May and the first several weeks in June," when they had to chase performance, he said.

Besides the uncertainty surrounding the virus, markets also face uncertainty as the presidential election approaches. Currently, the polls show former Vice President Joe Biden in the lead, ahead of President Donald Trump. Some political strategists believe there is a chance that a strong showing by Biden and the Democrats could resultEd Keon, chief investment strategist at QMA, said the market may not react to the November election until after the summer.

"Although the Nasdaq hit a new high and has been on a spike, less than 50% of its constituents are trading above the 200-day moving average. That's the biggest divergence since 2001," she said. "There are 45% of the Nasdaq trading above the 200 day moving average in a a rally that's been epic." Sonders said the virus will steer stocks through the end of the year, and even with reopenings, the virus could still influence consumer and corporate behavior.

Don’t worry. federalreserve will breAk the wall for those rich. Make rich richer!

JUST WAIT UNTIL FALL...

It’s like you idiots can’t WAIT for another stock market crash to come.🙄 Trump2020NowMoreThanEver

Maybe Trump will sell Florida, Texas and California to Europe so the COVID cases can go down to 0 especially since federal testing will now be ended. Mission accomplished. Market goes to infinity.

I believe this market is and has been manipulated to reflect more positive results than what are actually occurring. By the time it’s exposed no one will care but it will probably make a great movie.

Every single day the same posts . Why not post all the other reasons why it would crash besides Covid.

The virus isn’t causing this, the media is!

Still in the first half!

You guys better stop talking CORONO the stocks plummet when you do!! bepositiveyo

If CNBC has it there way they will continue to pump out all the bad news they can.

the economy's looming full of lies and cheatings. we'll face serious problems

🎥 'If there is a wall in front of you, go through it,' says Trump in ...

IDEX now people!

Why we’ve handled this perfectly as a country and not stupid at all.

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