FA
-Retails like JC Penny, Macy,.. are having a bad time financially (JC Penny will file for bankruptcy this Friday). This leads to damage in commercial rental, REIT sector.
-FED is starting to buy corporate bonds ETFs (Junk bonds).
-FED schedules :
newyorkfed.org/markets/domestic-market-operations/monetary-policy-implementation/treasury-securities/treasury-securities-operational-details
newyorkfed.org/markets/domestic-market-operations/monetary-policy-implementation/repo-reverse-repo-agreements/repurchase-agreement-operational-details
-The market wants negative rates. However, FED won't allow it (good choice). Reason why negative rates is a bad move:
youtube.com/watch?v=vOSAxIBrKiE
-Fauci warns about Covid-19 vaccine delay + 2nd wave
nbcnews.com/health/health-news/live-blog/2020-05-12-coronavirus-news-n1204961
-The House is getting ready for 2nd stimulus (3 trillion dollar)
cnbc.com/2020/05/12/coronavirus-updates-house-democrats-unveil-3-trillion-relief-bill.html
-Recession to Depression?
cnbc.com/2020/05/12/jim-cramer-the-us-is-running-out-of-time-to-stave-off-a-depression.html
-More earnings ahead
finance.yahoo.com/calendar/earnings/
-UK central bank keep rates at 0%.
TA
- There are three gaps needed to be filled at 9077, 8980, 8805 ( Red lines). If the trend becomes bearish, we will expect to see drops following by small bounces as soon as the gaps are filled accordingly.
- Squeeze indicator is signaling a large volume drop: Bearish
- RSI: higher-low, red line at 50%: bearish
- NDX is trading below moving average: bearish
- Target without artificial pumps: 9080 or less.
- Volume: high
- Bottom line: bearish trend.
Good luck and have fun
-Retails like JC Penny, Macy,.. are having a bad time financially (JC Penny will file for bankruptcy this Friday). This leads to damage in commercial rental, REIT sector.
-FED is starting to buy corporate bonds ETFs (Junk bonds).
-FED schedules :
newyorkfed.org/markets/domestic-market-operations/monetary-policy-implementation/treasury-securities/treasury-securities-operational-details
newyorkfed.org/markets/domestic-market-operations/monetary-policy-implementation/repo-reverse-repo-agreements/repurchase-agreement-operational-details
-The market wants negative rates. However, FED won't allow it (good choice). Reason why negative rates is a bad move:
youtube.com/watch?v=vOSAxIBrKiE
-Fauci warns about Covid-19 vaccine delay + 2nd wave
nbcnews.com/health/health-news/live-blog/2020-05-12-coronavirus-news-n1204961
-The House is getting ready for 2nd stimulus (3 trillion dollar)
cnbc.com/2020/05/12/coronavirus-updates-house-democrats-unveil-3-trillion-relief-bill.html
-Recession to Depression?
cnbc.com/2020/05/12/jim-cramer-the-us-is-running-out-of-time-to-stave-off-a-depression.html
-More earnings ahead
finance.yahoo.com/calendar/earnings/
-UK central bank keep rates at 0%.
TA
- There are three gaps needed to be filled at 9077, 8980, 8805 ( Red lines). If the trend becomes bearish, we will expect to see drops following by small bounces as soon as the gaps are filled accordingly.
- Squeeze indicator is signaling a large volume drop: Bearish
- RSI: higher-low, red line at 50%: bearish
- NDX is trading below moving average: bearish
- Target without artificial pumps: 9080 or less.
- Volume: high
- Bottom line: bearish trend.
Good luck and have fun
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.