Pre-Market Rundown (July 10, 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
  • Earnings Season Cometh’

    • Next Week Starts with The Financials
    • Low Bar – Expectations are Bleak
  • This Pandemic Is Not Over
    • Daily Cases at Record
    • Hospitalizations on the Rise, Daily Deaths On The Rise
    • Will We Shut Down Again? – Regional Possibilities, Phased Rollbacks
  • “K” Market Recovery
    • NASDAQ at New Highs (tech, Healthcare)
    • Small Caps. Financials, Autos, Leisure Near Lows
  • Debating The Election
    • Dem Sweep is New narrative
    • Market Starting to Price in Democratic Lead?
  • Employment Numbers Moving in the Right Direction
    • First Stage of Recovery is Occurring – What Next?
    • ISM Indices back Above 50
  • Market Overheating Again (+3,+4)
  • Big Issued Ahead – Income Cliff
    • Federal Unemployment Insurance – $600/week ending July 31.
    • New Stimulus on Table – Income will be much less
  • Next Week: CPI, Import/Export Prices, Industrial Production, Retail Sales, Housing Start, UMich (July Prelim)
  • Make sure you are on mailing list for webinar updates.
  • Ask About the 4-Hour Online Coaching Program

Movers

  • Stocks to Watch: SPAQ, SPCE, TSLA, WKHS, NKLA, PLNT, WW, SHAK, BBBY, WFC, NCLH

Your Symbols

 

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