FA
New York's jobless insurance system collapsed this morning.
Small business stimulus bills are passed ($487b)- including relief for hospital and frontline workers.
Online subscriptions, streaming companies are taking profit from the lockdown (Netflix).
Retail companies are selling their bonds, part of their equities for liquidity.
USO collapsed. The reverse split will be done.
Wallstreet is preparing jobless claims number on Thursday.
TA
-Low volume is getting lower and preparing for a small drop.
-SPX re-test 2708 level. If it breaks tomorrow, a 3% drop will be possible. Otherwise, a small bounce will be done.
-Bearish trend.
-VIX will be deceased.
-Lower volume is expected.
Thank you and good luck.
New York's jobless insurance system collapsed this morning.
Small business stimulus bills are passed ($487b)- including relief for hospital and frontline workers.
Online subscriptions, streaming companies are taking profit from the lockdown (Netflix).
Retail companies are selling their bonds, part of their equities for liquidity.
USO collapsed. The reverse split will be done.
Wallstreet is preparing jobless claims number on Thursday.
TA
-Low volume is getting lower and preparing for a small drop.
-SPX re-test 2708 level. If it breaks tomorrow, a 3% drop will be possible. Otherwise, a small bounce will be done.
-Bearish trend.
-VIX will be deceased.
-Lower volume is expected.
Thank you and good luck.
Comment:
FED QE tomorrow has the same schedule with today
Comment:
Oil market is not stable
Comment:
Airline earnings reports will decide the oil price in the next few months.