Our weekly webinar series – we take a look at the stocks that are moving and some key setups. Plus a look at the news and economics for this and next week.
(Scroll down for video)
Weekly Update
- FED BUYING EVERYTHING
- Markets Retrace ~ 50% of loss
- Earnings Season Kicking Off Next Week (Financials)
- No Visibility
- Narrative – “Earnings Won’t Matter Anyway”
- Stimulus Package
- – SLOW ROLLOUT/GLITCHES CONTINUE
- Unemployment – Crashing Sites
- Oil – Headline Driven – Thrusting to Nowhere
- Expectations of a Massive Production Cut
- Another $250 Billion for Small Business
- Blocked by Dems as They Want $500 Billion
- Market Trading on Virus Updates
- Hopeful Lockdown Lifts Markets
- Wuhan Freed (New Case Count Rose)
- Bond Spreads – Holding
- Junk Bonds Have Amazing Week (+12%)
- S&P 500 200 DMA
- 410/90 (Under/Over)
- Economic Reports
- Initial Claims +6.6 Million (15 Million over 3 weeks)
- Unemployment ~ 12%
- UMich Falls Hard – Confidence Drops as Expected
- Next Week:
- Retail Sales, Industrial Production, Business Inventories, Initial Claims, Housing Starts, Leading Indicators
- Trump:
Re-open by April 12th?April 30?
- What Do You Think?
- Make sure you are on mailing list for webinar updates.
- Ask About the 4-Hour Online Coaching Program
Movers
- Stocks to Watch: @CL, ZM, TUP, AAPL, MCD, LK, JETS, GLD, COOP, YELP
Your Symbols
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