Pre-Market Rundown (June 5, 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

  • The Grand-Reopening Trade
    • Under The Same Management
    • FOMO/Chase
  • KRI – Overheating +7
    • Just about every indicator overbought
    • Start of new trend or short cover?
  • New Stimulus
    • ECB Adds to bond purchased
    • China giving our money
    • $1 Trillion NEW U.S. Stimulus floated
  • Riots, Protests, Social Unrest
    • Will Anything Change?
    • Tragedy that sparked
    • Covid-19 Uptick?
    • Fastest Pace of Global Daily Cases – New Hotspots (LatAm, Africa)
  • Economic
    • Mixed Bag
    • ADP much better than expected
    • Remaining data-points still depressed
    • Unemployment Rate:
  • Economics Next Week:
    • CPI, FOMC Rate Decision, PPI, UMich Confidence (June)
  • Make sure you are on mailing list for webinar updates.
  • Ask About the 4-Hour Online Coaching Program

Movers

  • Stocks to Watch: AAL, GNUS, LK, JETS, NCLH, CMTL, QQQ, SLV, TLT

Your Symbols

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