Pre-Market Rundown (September 4, 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

  • WHOOPS!
    • Heavy Leverage – Too Much to Handle
    • Vaccine (October?), Better Eco – Rotation May Begin
    • FuzzyMentals – Stretched
  • Quant Screen Discussion – Fundamentals Did Not Match Price
  • Apple lost equiv of 170 Mill in iPhone Market Cap Thursday
    • Discussed that after split – selling would begin
    • Weak hands
  • KRI Overheated (+4) for several days
    • Breadth – Horrible
    • McClellan Divergence
    • Once the Dam Broke….
  • .Economics – Better Initial Claims, Manufacturing and Services Better
    • Employment Report
  • Next Week Eco: Light Week – Crude Inventories, Initial Claims, CPI, PPI, Wholesale Inventories
  • Make sure you are on the mailing list for webinar updates.
  • Ask About the 4-Hour Online Coaching Program

Movers

  • Stocks to Watch: TSLA, W, W, DOCU, AAPL, DKNG, RKT, OSTK, RCL,CCL, NCLH, TLT,

Your Symbols

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