
STOCKMARKET-BLOG.COM EXCLUSIVE
- Stock Market Headlines: Trump Checks To Americans; 1T Plan; Cheap Gas in the US: Below $2 a gallon in 12 states; Walmart all-time high
- Federal Reserve: Ben Bernanke FT; 30% US Jobless Rate Estimate; Business conditions are at lowest levels since 2009 New York FED; FED to buy commercial-paper
- Uber: +38% Spike On Thursday
- Dow: Close 19,173
Stock Market Headlines
Trump wants to send $1,000 to adults, $500 to kids in coronavirus stimulus bill, Mnuchin says
https://www.cnbc.com/2020/03/19/coronavirus-trump-wants-payments-of-1000-for-adults-500-for-kids.html
USA Republicans unveil $1tn plan..
https://www.ft.com/content/e23b57f8-6a2c-11ea-800d-da70cff6e4d3
U.S. President pledges to backstop airlines ’100%′
https://www.cnbc.com/2020/03/16/airline-stocks-jump-after-trump-pledges-100percent-backstop.html
Kudlow Says Government May Take Equity Stakes for Company Aid
https://finance.yahoo.com/news/kudlow-says-government-may-equity-203059071.html
Ford's stock drops toward 11-year low after dividend suspended
https://finance.yahoo.com/m/3f743c2a-dc2f-3903-908f-4201bf440a60/ford-s-stock-drops-toward.html
France ready to nationalise stricken companies
https://www.ft.com/content/7eb398ac-6839-11ea-800d-da70cff6e4d3
World’s top three fund houses shed $2.8tn of assets
https://www.ft.com/content/438854a8-63b0-11ea-a6cd-df28cc3c6a68
US investors brace for ratings downgrades
https://www.ft.com/content/470cbfdc-6528-11ea-a6cd-df28cc3c6a68
The entire Trump stock rally is nearly gone
https://www.cnn.com/2020/03/18/investing/stocks-erase-trump-gains/index.html
Walmart shares hit all-time high following upgrade
https://finance.yahoo.com/news/credit-suisse-upgrades-walmart-to-outperform-amid-coronavirus-191947196.html
Pound plunges to its lowest level in over 30 years | BBC
https://www.bbc.co.uk/news/business-51921922
Dollar Heads for Record High..
https://www.bloomberg.com//news/articles/2020-03-18/dollar-heads-for-record-high-with-chaos-eclipsing-stimulus-hopes?srnd=markets-vp
China’s Tencent Reaches Profit of $13 Billion, Despite Headwinds
https://finance.yahoo.com/news/china-tencent-reaches-profit-13-113109766.html
ECB agrees €750bn bond purchase programme
https://www.ft.com/content/5919c6fb-1f5f-315d-8353-94f04afcf340
Italy’s Conte Calls for Coronavirus Bonds To Finance EU Response
https://www.bloomberg.com//news/articles/2020-03-17/italy-s-conte-calls-for-coronavirus-bonds-to-finance-eu-response?srnd=markets-vp
Investors Turn Sour on Silver in Worst Losing Streak Since 1983
https://finance.yahoo.com/news/investors-turn-sour-silver-worst-181026722.html
FedEx +8% after earnings beat
https://seekingalpha.com/news/3552671-fedexplus-8-after-earnings-beat
Apple
stock records worst day since 2008
https://www.marketwatch.com/story/apple-stock-records-worst-day-since-2008-amid-deepening-concern-about-coronavirus-2020-03-16?mod=home-page
Another Black Monday for McDonald's stock, which suffers biggest loss since October 1987
https://www.marketwatch.com/story/another-black-monday-for-mcdonalds-stock-which-suffers-biggest-loss-since-october-1987-2020-03-16?siteid=yhoof2&yptr=yahoo
Amazon is looking to hire 100,000 employees to keep up with demand
https://techcrunch.com/2020/03/16/amazon-is-looking-to-hire-100000-employees-to-keep-up-with-demand/
Cheap Gas in the US: Below $2 a gallon in 12 states
https://www.cnn.com/2020/03/19/business/gas-prices-coronavirus/index.html
FEDERAL RESERVE
Ben Bernanke and Janet Yellen:
Fed must act on coronavirus
https://www.ft.com/content/01f267a2-686c-11ea-a3c9-1fe6fedcca75
U.S. Jobless Rate May Soar to 30%, Fed’s Bullard Says
https://www.bloomberg.com/news/articles/2020-03-22/fed-s-bullard-says-u-s-jobless-rate-may-soar-to-30-in-2q
Business conditions are at lowest levels since 2009: New York FED | Yahoo Finance Video
https://finance.yahoo.com/video/business-conditions-lowest-levels-since-195830724.html
FED Eric Rosengren Says U.S. Economy ‘Will Come Back Strongly’
https://www.bloomberg.com//news/articles/2020-03-19/fed-s-rosengren-says-u-s-economy-will-come-back-strongly?srnd=markets-vp
FED to buy commercial-paper
https://www.ft.com/content/b36baa20-685d-11ea-800d-da70cff6e4d3
FED
to lend against stocks and bonds in bid to stabilise markets
https://www.ft.com/content/cf485398-689d-11ea-800d-da70cff6e4d3
Uber Stock Spike
(Thursday)
Uber +38%,
Lyft +29%
Uber shares soar after CEO says has enough dough to ride out..
https://finance.yahoo.com/news/uber-shares-jump-ceo-says-164917513.html
Uber says rides down by as much as 70% in some cities .. looks at delivering meds
https://finance.yahoo.com/news/uber-says-rides-down-much-145518669.html
Uber .. says Hong Kong business is recovering
https://www.marketwatch.com/story/uber-stock-surges-30-after-company-touts-cost-advantages-says-hong-kong-business-is-recovering-2020-03-19?siteid=yhoof2&yptr=yahoo
Lyft looking to add food, medical supplies to delivery service
https://www.usatoday.com/story/tech/2020/03/17/lyft-exploring-food-medical-delivery-service/5072544002/
More
A bearish ‘death cross’ has appeared in the Dow’s chart
https://www.marketwatch.com/story/a-bearish-death-cross-has-appeared-in-the-dows-chart-2020-03-20?mod=home-page
Wall Street Is Turning Away Some of America’s Safest Borrowers
https://www.bloomberg.com/news/articles/2020-03-21/wall-street-is-turning-away-some-of-america-s-safest-borrowers
Hedge fund bets hammered as industry retrenches
https://www.ft.com/content/a088f51c-69e2-11ea-800d-da70cff6e4d3
More Than 10 Million Barrels of Oil Booked to Float on Tankers
https://www.bloomberg.com//news/articles/2020-03-19/more-than-10-million-barrels-of-oil-booked-to-float-on-tankers?srnd=markets-vp
Stock Mkt Crash Reduces 18 Major Companies To Penny Stocks
https://www.investors.com/etfs-and-funds/sectors/coronavirus-market-crash-reduces-major-companies-penny-stocks/?src=A00220&yptr=yahoo
Rolex Shuts All Plants and Prepares for Worst Year Ever
https://finance.yahoo.com/news/rolex-shuts-plants-prepares-worst-061824449.html
Small caps at four-year lows
https://www.cnbc.com/2020/03/17/small-caps-fall-to-four-year-lows-and-trader-warns-of-more-pain.html
Big Shale Borrowers on Fast Track to Junk in Latest Oil Rout
https://finance.yahoo.com/news/big-shale-borrowers-fast-track-100000698.html
VIX at 76 Means Two More Weeks of Pain Going by 2008 Playbook
https://finance.yahoo.com/news/vix-76-means-two-more-160442614.html
Bank of Japan buys more stocks
https://www.ft.com/content/fd403436-674a-11ea-800d-da70cff6e4d3
Uber Eats waives delivery fees for independent restaurants
https://techcrunch.com/2020/03/16/uber-eats-waives-delivery-fees-for-independent-restaurants-during-covid-19-pandemic/
BlackRock’s Rieder says it’s time to selectively buy ‘once in a lifetime’ stock bargains, but market has not bottomed
https://www.cnbc.com/2020/03/16/blackrocks-rieder-says-its-time-to-selectively-buy-once-in-a-lifetime-stock-bargains-but-market-has-not-bottomed.html
Ultra-Rich Families Poised for Spending Splurge After Stock Rout
https://finance.yahoo.com/news/ultra-rich-families-poised-spending-160023408.html
Big Bank Stocks Dive As Share Buybacks Suspended
https://finance.yahoo.com/m/43898f7b-85ca-3c0c-9187-7bc7be188848/big-bank-stocks-dive-as-share.html
Wow! Insider Buy Activity Soars
https://finance.yahoo.com/news/wow-insider-buy-activity-soars-141607685.html
GM, Ford and other automakers to temporarily halt production in the USA
https://www.cnn.com/2020/03/18/business/gm-ford-automakers-us-shut-down/index.html
The IPO window may be temp. sealed shut...
https://www.cnn.com/2020/03/19/investing/ipo-outlook-coronavirus/index.html
When
to buy during an ugly stock market rout?
These charts have the answers
https://www.marketwatch.com/story/when-to-buy-during-an-ugly-stock-market-rout-these-charts-have-the-answers-2020-03-19?siteid=yhoof2&yptr=yahoo
USA Senators sold off their stocks ahead of mkt crash
https://news.yahoo.com/reports-gop-senators-sold-off-031657218.html
Tens of Thousands Are Getting Laid Off in the U.S. Shale Patch
https://www.bloomberg.com//news/articles/2020-03-20/tens-of-thousands-are-getting-laid-off-in-the-u-s-shale-patch?srnd=markets-vp
Dow Weekly Moves
Friday
-900
Thursday
188+
Wednesday
-1300
Tuesday
1000+
Monday
-2997 points
Dow -3000 (almost); Spain -8%; Biz. Conditions Lowest Levels Since 2009 New York FED| STOCKMARKET-BLOG.COM
https://www.stockmarket-blog.com/2020/03/stock-market-today-march-16.html
Bonds Market This Week
(Special Edition)
Junk bond default rate to triple within 12 months, S&P says
https://www.cnbc.com/2020/03/20/junk-bond-default-rate-expected-to-triple-in-next-12-months-sp-says.html
Gundlach Says ‘En Masse’ Defaults Likely for Some Junk Issuers
https://finance.yahoo.com/news/gundlach-says-en-masse-defaults-230057162.html
High-yield paper getting hit even harder today
https://seekingalpha.com/news/3552133-high-yield-paper-getting-hit-even-harder-today
.................
More
Weekly
Reports
From
stockmarket-blog.com
Link »
https://www.stockmarket-blog.com/p/all-weekly-roundups.html
RSS
Important :
Past performance does not or may not guarantee future results.
The content of this weekly report is for informational purposes only and should not be interpreted as specific investment suggestion, or advice, or recommendation.
All information including: news stories; financial headlines, stock market data; screenshots of data, is believed to be accurate at the moment of post and it is totally not guaranteed and is subject to change without notice.