Webinar Replay – Pre-Market Rundown (April 24, 2020)

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

#1 Indicator

Reviews

  • Data Doesn’t Matta (Part 2)

    • Game-Changer? Gilead News
    • Gilead Drug Not Looking Good (WHO Site Posts Report – Then Removes)
    • Earnings – “Disregard This Quarter”
    • Markets Running on Every Story
  • 50% Retracement Line and 50-Day SMA In Play
  • MORE MONEY
    • PPP Program – New Funding  ~ $310B
  • Economic

    • Initial Claims – All Jobs Created Since 2008 – LOST (20+ Million)
    • Priced In?
  • Negative Crude
    • May Contract Goes Negative  Monday (-$40 at low)
      • No One Wants Delivery
    • USO and Other ETFs Broken
      • USO Changes Investment Process
    • Can It Happen Again?
  • USA Grand Re-Opening
    • Georgia Will Be Test Kitchen
      • Bowling, Salons, Massage and Tattoo Parlors???
  • There Will Be Bankruptcies
    • Malls, Retail
  • May 1 – Several Other States Will Start to Open
    • President Trump Hints That Mid Summer May Relax Social Distancing Rules
  • Next Week:
    • Consumer Confidence, GDP, FOMC Rate Decision, Personal Spending, PCE Prices, ISM Manufacturing

TradeStation AppStore Showcase and Commander Series Version 12 Update

  • Make sure you are on mailing list for webinar updates.
  • Ask About the 4-Hour Online Coaching Program

Movers

  • Stocks to Watch: @CL, GILD, JCP, XRT, NFLX, EXPE, GLD, SLV, INTC

Your Symbols

 

 

 

Register for upcoming webinars HERE.

10-Day Free Trial of TriggerCharts Indicators
#1 HIGHEST RATED in TS APPStore

To get a free trial → Click Here.

The TriggerCharts Indicators are available on the Tradestation platform.