The week 12.04. – 16.04.2021

Within ten trading days (two weeks), the S&P 500 achieved seven all-time highs. It is therefore understandable that investors and observers are watching the further development of the S&P 500 with concern. Nonetheless, investors seem to anticipate the dawning of economic growth. The positive mood is maintained by mostly good news. According to the U.S. central bank, the rising inflation rate, which at 2.6% is the highest in two and a half years, is expected to be only temporary. On the other hand, there was plenty of good news to keep investors flocking to the markets. Among the most positive was the 9.8% rise in retail sales. A clear sign that the lockdown easing did not miss its goal. The S&P 500 closed this week at an all-time high and up 1.47%. The winner of the week was the oil price with a plus of 6.37%. In exchange, the US T-bond lost 6.09%. ONE SIGNAL delivered a false short signal on Tuesday, but still managed to end the week with a gain of 0.40%, closing the seventh consecutive week in positive territory.