A quiet week on Wall Street feels like just what the doctor ordered ahead of the long Memorial Day weekend. Stocks remain well bid and within striking distance of new highs ahead of what will be a busier week of economic data.
Easing Into Summer
Focus on the Fundamentals
As long-term investors, we were pleased to see market news pivot away from last week’s GameStop mania and shift back to a focus on fundamentals. Although we prefer rational markets, we take no pleasure in the knowledge that many retail investors who purchased GameStop at more than $300 per share have seen the share price tumble to around $60.