Yesterday, we hosted week three of our virtual happy hour in our new series called, Bear Market Brews.
You can watch the replay here:
Week #3 of our virtual happy hour – Bear Market Brews ?
Recorded on: Thursday, April 9, 2020
Hosts: Tony Hixon, Adam Zuercher, and Austin Wilson
In this video we discussed 10 ideas that are impacting the markets this week:
1️⃣ COVID-19 curves are flattening.
2️⃣ Fauci says U.S. Virus Deaths may be 60k, half of projections.
3️⃣ There is a lot of talk of re-opening the economy sooner than later.
4️⃣ Oil prices rebounding as production is cut.
5️⃣ Jobless claims came in at 6.6 million vs forecast of 5 million…off the record high from last week, but still much higher than expected.
6️⃣ The Fed’s latest announcement that they are adding $2.3 trillion in new loans to support the economy. No one can accuse the Fed of not going big.
7️⃣ Sanders is out of the Presidential race.
8️⃣ Stock market volatility is calming down.
9️⃣ Stock market breadth is rising.
? The stock market trend is changing direction.
We also spent some time providing answers to some great questions submitted by our listeners.
As you can see we covered A LOT! We will be back again next Thursday, April 16th. Please join us! More info at the link below ?