FAANGM stocks and the recent rallies. Tonight at 8 p.m. ET.

During tonight's Strategic Trader webinar, we plan to discuss the FAANGM stocks' effect on the S&P 500 and potential explanations for this week's bullishness.

Apr 29, 2020 Dear Savio, During tonight's Strategic Trader webinar, we plan to discuss the FAANGM stocks' effect on the S&P 500 and potential explanations for this week's bullishness. Despite the 4.8% contraction in U.S. gross domestic product, 26 million unemployed U.S. citizens and ongoing COVID-19 pandemic, the S&P 500 opened higher today and held onto its gains. Many factors contribute to investors' attitudes and the S&P 500's behavior. Gilead Sciences' (GILD) news that its drug Remdesivir can be an effective treatment in some COVID-19 patients has likely given investors hope about the eventual end of the pandemic. But in today's Weekly Update, we focused on the outsized effect Facebook (FB), Amazon (AMZN), Apple (AAPL), Alphabet (GOOGL) and Microsoft (MSFT) have on the index. Together, they make up over 20% of the S&P 500's total market capitalization. Because the index is market-cap weighted, the behavior of these stocks can make it hard to tell what's really happening in the market. When they rise, the S&P 500 is usually rising. To get a better idea of what the market is doing, we'll have to look elsewhere, and tonight we'll give our overview of the market. We'll also review all of our current positions and answer as many other subscriber questions as we can. To attend tonight's webinar, live at 8 p.m. ET click here To watch the archived version of our webinars, click this link. Tonight's webinar should be posted by about 10 p.m. ET today. And during the week, you can send us your subscription and options-trading questions at Feedback@InvestorPlace.com. This is the best, fastest way to reach us directly, and we'll do our best to respond to your questions. Sincerely, John Jagerson and Wade Hansen Editors, Strategic Trader   This message was sent to the following e-mail account: ootlesoliginya.blogpost@blogger.com at Apr 29, 2020 17:00:59.777 Executive Editors: John Jagerson and S. Wade Hansen Editor-in-Chief: Luis Hernandez Marketing Director: Mary Southard Senior Managing Editor: David Tony Managing Editor: David Bowman Customer Service You can reach us at Feedback@InvestorPlace.com or by calling us at 800-219-8592. If your email address has changed please email us at Feedback@InvestorPlace.com Member Website: http://strategic-trader.investorplace.com/ Copyright © 2020 InvestorPlace Media, LLC 9201 Corporate Blvd, Suite 200 Rockville, MD 20850 All rights reserved. No portion of the above message may be republished, retransmitted or forwarded without express written consent from InvestorPlace Media. Violation of this copyright may result in service cancellation and/or collection of full or partial subscription charges from unauthorized users. Use and/or reliance on this service is strictly at the subscriber's own risk. InvestorPlace will not be liable for the acts or omissions of any third party with regards to delay or non-delivery of Strategic Trader. InvestorPlace shall not be liable for incidental, indirect, special or consequential damages or for lost profits, savings or revenues of any kind.