Pre-Market Rundown (May 29, 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

  • Investors in a Lather
    • It’s All Fine!
  • Massive Rotation this Week (Value/Growth)
    • Beaten Up to Bidding Up
  • China in the Crosshairs (AGAIN)
  • 1Q Earnings Reports – Why so Good?
    • Potential for Pull Forward
    • Next Quarter is a Throw-Away
  • Debate about 2nd Wave After Re-Openings
    • Markets Pricing In Vaccine, Treatment and No Glitches
  • Economic
    • Initial Claims ~ 2+ Million
    • Pending Home Sales Plunge (20%)
    • Durable Goods -7.4%
    • GDP (2) -5%
  • Economics Next Week:
    • Auto/Truck Sales, ADP Employment, Factory orders, ISM Manufacturing, Employment Report (-20M, 17%)
  • Make sure you are on mailing list for webinar updates.
  • Ask About the 4-Hour Online Coaching Program

Movers

  • Stocks to Watch: MRNA, TWTR, WW, WSM, LK, M, WB, SLV, GLD, HTZ

Your Symbols

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