Pre-Market Rundown (December 18, 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

  • Option Expiration Friday
    • 3rd Friday of Month – Last of 2020
    • Tape Painting Begins for end of 2020
  • M1 – Big Increase in January     https://fred.stlouisfed.org/series/M1
    • Liquidity is Plentiful
    • Buyer’s Panic – FOMO
  • FOMC Meeting
    • No Change on Rates (2023)
    • Bond Buying to Infinity
    • Dovish with High Hopes for BIG Eco Turnaround
  • Crypto Update
    • Bitcoin Smashes Through Record
    • Institutional Talk
    • BTCUSD, GBTC
  • USD – DROPPING FAST
  • Stimulus Update
    • Will Take This To 11:59PM if They Can
    • Carrot Continues for Markets
  • Outside USA
    • Europe Eco Concerning With New Lockdowns
    • China Seems To Be On Growth Target
  • Earnings – FedEX
  • Retail Sales – Dissented, Initial Claims > 800k, Housing Still Spotlight
  •  Economics – Next Week (**** No Webinar Next Friday *****)
    • GDP Q3 (3), PCE Prices, New Homes Sales, Durable Goods
  • Make sure you are on the mailing list for webinar updates.
  • Ask About the 4-Hour Online Coaching Program

Movers

  • Stocks to Watch: DASH, CRSP, FDX, ASAN, EDIT, FSLY, ROKU, DKNG, SSYS, TMX , LMND

 

 

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