Pre-Market Rundown (June 19, 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

  • BTD – Easy to See
    • Long Tails
    • “Trying to Get Back”
  • Push and Pull

    • Bulls See Only Light At End Of Tunnel
    • Bears See Situation and Project
  • Unemployment – Initial Claims
    • Not Getting Much Better
    • LONG time until employment returns to “normal” levels
  • Good News vs. Bad News
    • Covid Uptick vs. Better Economics
    • Earnings Outlook vs. Stock Market Levels
    • Fundamentals vs. Technicals
  • Volume Drying Up
    • Last Few Days Well Below Normal
    • Easy to Push and Pull Markets
  • Economic
    • Initial Claims Remain Elevates (~+1.5M)
    • Leading Indicators +2.8%
    • Retail Sales +17% MoM
  • Economics Next Week:
    • Existing Home Sales, Durable Goods, GDP (3), Initial Claims, PCE Prices, Personal Income/Spending
  • Make sure you are on mailing list for webinar updates.
  • Ask About the 4-Hour Online Coaching Program

Movers

  • Stocks to Watch: GNUS, UONE, WKSH, IPOC, OPES, NCLH, SPOT, X, SPY, ROKU, SSYS

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.