Webinar Replay – Pre-Market Rundown (April 17, 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

  • Survival of the Fittest Trade – But…

    • Game-Changer? Gilead News
    • US Re-Open Plan
  • Markets Retrace ~ 50% of loss – Waver on that line
    • Blast Through to Next Level of Resistance
  • Earnings Season Show Weakness in Financials
    • Massive Set Asides for Bad Loan Provisions
  • Stimulus Package
    • – PPP Runs Out of Money ???
  • Economic Look Horrible

    • Unemployment Near 14-17%
    • Regional Manufacturing – LOWEST EVER
    • Bad Things To Come
  • Not Sure What The Market Is Thinking
    • Fundamentally – Not Aligned
    • Technically – Broken Patterns
    • Psychologically – Disconnect
  • Virus Update
    • NY Lock-down Extends to May 15
    • Italy Infections Rise
    • Flattening The Curve – Starting to Show Up
    • Are We opening Up Soon and What Does That Look Like?
  • Fed Backstopping Fixed Income Market
    • Junk Bonds
    • *** NEW – Bond ETFs ****
  • More Economic Reports
    • Retails Sales  – Awful
    • Nothing Good to See
    • Next Week:
      • Retail Sales, Initial Claims, Durable Goods
  • Make sure you are on mailing list for webinar updates.
  • Ask About the 4-Hour Online Coaching Program

Movers

  • Stocks to Watch: @CL, AMZN, ROKU, SPY, NFLX, MSFT, FB, JACK, LOVE, RAD, HTZ, GILD

Your Symbols

 

 

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