Pre-Market Rundown (May 15, 2020)

May 15, 2020 | Category: AILERON, Anchored VWAP, Commander Series, Education & Training, Events and Webinars, Journal, Videos

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

  • Reality Setting In
    • Unemployment rate Approaching 20%+
    • Valuations Stretched
    • Technical Indicators
  • Headlines Still Pushing and Pulling
    • Concern About States Opening Too Quickly
    • South Korea, Germany Flare Ups
  • Large Stocks Holding Up Market – Cap Weighted Index
    • Small-Caps Weak (Banks, Travel)
    • HealthCare/Tech Strong
  • Economic
    • Initial Claims ~ 3 Million
    • CPI/PPI Deflationary
    • Retail Sales
    • UMich Confidence (10am)
  • This Week – Sell Programs
    • Continues to be Underlying Bid – Squeeze
  • Economics Next Week:
    • Housing Starts, Crude Inventories, Initial Claims, Philly Fed
  • Make sure you are on mailing list for webinar updates.
  • Ask About the 4-Hour Online Coaching Program

Movers

  • Stocks to Watch: WFC, WW, IWM, XBI, HTZ, SHAK, PLNT, NCLH

Your Symbols

 

Register for upcoming webinars HERE.

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