HFT VideoCast – Stock Market Commentary and Weekly Recap – Episode 27

Article referenced in VideoCast above:

The Kanye West, “Drive Slow” Stock Market (and Sentiment Results)…

The Morgan Wallen, “Whiskey Glasses” Stock Market (and Sentiment Results)…

Each week I attempt to pair the lyrics from a popular song to the current feeling and sentiment in the stock market.  When you look at the data that has come out on the U.S. economy in recent days, one might suggest you need more than “Beer Goggles” to see the green shoots, you need “Whiskey Glasses!”  Continue reading “The Morgan Wallen, “Whiskey Glasses” Stock Market (and Sentiment Results)…”

Be in the know. 10 key reads for Tuesday…

  1. Ten U.S. states developing ‘reopening’ plans account for 38% of U.S. economy (Reuters)
  2. Signs That New Virus Cases Have Peaked Push Stocks Higher (Barron’s)
  3. IPhone Sales Surged in China (Barron’s)
  4. States Move to Coordinate on Reopening Plans (Wall Street Journal)
  5. Private Equity Firms Plead With Government to Help Salvage Oil and Gas Industry (Institutional Investor)
  6. FDA approves coronavirus saliva test (Fox Business)
  7. Trump Negotiating to Lease Oil Storage Space to Nine Companies (Bloomberg)
  8. World Watches China’s Economy for Signs of Life After Lockdown (Bloomberg)
  9. Exxon borrows $9.5 billion as investment-grade companies race to fill war chests ahead of earnings (MarketWatch)
  10. Wells Fargo Earned 1 Penny in the First Quarter. Why the Stock Is Rising Anyway. (MarketWatch)