Content
Manufacturing, Housing, Vehicles: The Economy “Wants To” Recover
Article By:
New Deal Democrat
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Tuesday, August 4, 2020 10:12 AM EDT
Yesterday we got two of the three typical leading data metrics that start the month: the ISM manufacturing index and construction spending.
TGT, WMT, DKS To Close On Thanksgiving Day This Year
Article By:
Eddy Elfenbein
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Tuesday, August 4, 2020 10:03 AM EDT
Last week, several large retailers including Target (TGT), Walmart (WMT), and Dick’s Sporting Goods (DKS) announced they would not open on Thanksgiving Day this year, for the first time in many years.
Incyte Q2 Earnings And Revenues Beat Estimates
Article By:
Zacks Investment Research
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Tuesday, August 4, 2020 9:55 AM EDT
Incyte came out with quarterly earnings of $1.24 per share.
In this article: INCY
Facebook Soars Despite Political Concerns
Article By:
Sramana Mitra
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Tuesday, August 4, 2020 9:44 AM EDT
Facebook recently reported its second quarter results that surpassed the market’s expectations. But the company continues to struggle with its stand on political advertising.
In this article: META
US Dollar Stalks Risk Markets Everywhere
Article By:
Danielle Park, CFA
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Tuesday, August 4, 2020 9:34 AM EDT
After weakening since the end of March, the US dollar index had the most negative month in a decade in July as US Treasury rates slumped, government spending leapt and plunge protection teams pumped equity futures nightly.
Technically Speaking: COT Positioning – Back To Extremes: Q2-2020
Article By:
Lance Roberts
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Tuesday, August 4, 2020 9:23 AM EDT
The market remains in a bullish trend from the market lows but is very overbought short-term. Despite valuations reaching more extreme levels, economic growth very weak, and a risk of a reduction in stimulus; investors continue to chase markets.
Trade Of The Week: AAPL
Video By:
Jay Soloff
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Tuesday, August 4, 2020 9:05 AM EDT
This past week was characterized by robust action in the big tech names, with companies like Apple and Facebook posting very strong earnings.
Netflix: The King Of Streaming Faces Challengers
Article By:
GreenDotStocks
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Tuesday, August 4, 2020 8:56 AM EDT
Netflix has long been king in consumer video content streaming. Can it maintain its leadership against a new wave of very capable challengers?
In this article: NFLX
Why We Expect India To Cut Rates Again This Week
Article By:
ING Economics
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Tuesday, August 4, 2020 8:44 AM EDT
The balance of risk is tilted towards one more 25 basis point policy rate cut by the Reserve Bank of India this week.
Most Workers Can Collect More In Coronavirus Unemployment Than They Earn – That Doesn’t Mean Congress Should Cut The $600 Supplement
Video By:
The Conversation
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Tuesday, August 4, 2020 8:41 AM EDT
Americans who lost their jobs because of the pandemic had been getting a US $600 bump on top of state benefits in their weekly unemployment checks since March. That ended on July 31, and lawmakers are debating whether to extend the program.
BP Q2 Earnings And Revenues Miss Estimates On Low Oil Prices
Article By:
Zacks Investment Research
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Tuesday, August 4, 2020 8:31 AM EDT
Headquartered in London, BP plc reported a second-quarter adjusted loss of $1.98 per American Depositary Share on a replacement cost basis.
In this article: BP
Credit Card Payments Down 25% During COVID-19 Pandemic
Article By:
Rohit Mittal
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Tuesday, August 4, 2020 8:21 AM EDT
With unemployment numbers steadily growing over the last six months and the end of the pandemic nowhere in sight in the U.S., credit card payments are a strong indicator of what spending trends may look like.
Trump Demands Cut In A Microsoft Tiktok Deal
Article By:
Admiral Markets
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Tuesday, August 4, 2020 8:14 AM EDT
Popular Chinese video-sharing and social networking service, TikTok, has joined Huawei in becoming a battleground between the US and China.
In this article: MSFT