Webinar Replay – Pre-Market Rundown (March 20, 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

  • Happy Birthday To ME!
  • WORST WEEK ON RECORD
    • Futures -Still limiting up and down
    • Difficult environment for buy and hold
      • TRADERS – THIS IS YOUR TIME!
    • Is this over?
  • Ahead
    • Lock down impacts leisure and hospitality industry – some companies won’t ever recover
    • Liquidity Remains an Issue
      • Credit Spreads Blown Out
      • Fed Required to inject upwards of $1 Trillion Per Day (REPOs)
    • Massive Stimulus – Seen as NOT ENOUGH
    • What Next?
      • Dread, Realization, Rebuild
  • Social Distancing
    • Impact on Events, Travel, Entertainment, Sports
    • Airlines, Cruise Lines, Media, Ticketing, Restaurants
      • Alternative uses for Hotels and Cruise Ships (Hospitals)
  • Recession Pricing In
    • Panic /Indiscriminate Selling, “Baby with Bathwater”
    • P/E Back to 14, PEG – 1.6
    • There will be tears (Joy and Heartbreak)
  • Fed Watch
    • Emergency meeting
    • Surprise cut to 0.00- 0.25%
    • $1 Trillion Emergency Injections (across curve)
    • New QE May Announced
    • Potential for Additional Tools – Bond Market in Disarray – The Old Playbook
  • Oil Shock
    • Prices near $20
    • Strategic Oil Reserves = Buyer
  • Economic Reports
    • Everything is Going South
    • Layoffs, Furloughs
    • Next Week:
      • New Home Sales, Durable Goods, GDP (Q4), PCE Prices, Personal Income/Spending
  • Earnings – Estimates/Guidance – NO VISABILITY

    • Store Closings, Work from Home, Consumer Grim Outlook
  • Market Closing (Rumors Unfounded)
  • Make sure you are on mailing list for webinar updates.
  • Ask About the 4-Hour Online Coaching Program

Movers

  • Stocks to Watch: GDX, @CL, PZZA, AJPI, HLT, JETS, NCLH, BA, ZM, CLX

 

Your Symbols

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