Pre-Market Rundown (June 12, 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

  • Whoops!
    • Speculative Fever Ignites – Exhausts
    • Narrative Changing – Valuation to Virus to Stimulus
  • KRI – Overheating +7 – Discussed Last Week
     

    • One Week Ago Warned – Historic Overheat (since then mini-correction)
    • Trend Update
  • Fed Overpromised
    • Markets Confused
    • 2023? Low Rates
    • Much Worse Than Anticipated
  • Covid-19 Cases on the Rise
    • Re-Openings Continue
    • Hospitalization are the Key
    • Fastest Pace of Global Daily Cases – AGAIN!
  • Economic
    • Initial Claims Remain Elevates (~+2M)
    • Inflation – Headline Kicks up (Stagflation?)
    • UMich @ 10AM
  • Economics Next Week:
    • Retail Sales, Cap Ut, Business Inventories, Housing Starts, Philly Fed
  • Make sure you are on mailing list for webinar updates.
  • Ask About the 4-Hour Online Coaching Program

Movers

  • Stocks to Watch: ADBE, LULU, LK, JETS, HTZ, FCEL, JFIN, WINS, SBUX

Your Symbols

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