LagunitaLLC

LagunitaLLC

FA -Moderna announced positive data for Cov-19 Vaccine. However, the numbers are still small (just like Gilead). Still, their next phase will have 600 people involve in vaccine trial. www.businessinsider.com -Oil Price went higher to $30 levels in hope of the Economy Opening. Also Oil contract for June will be expired soon, expecting a volatile movement. -FED...

LagunitaLLC

FA -FED was buying up ETF(s) (Junk bonds, HYG, and Banks). At a result, bank stocks went bullish 5% this morning (Jp Morgan, Citi, BoA). More FED schedule below: www.newyorkfed.org www.newyorkfed.org -Jobless claims 2918000 vs 2500000, bring the total claims up to 36.5 million. -JC Penny is planning to file for bankruptcy on Friday (05/15/2020). -Chinese...

LagunitaLLC

FA -FED was buying up ETF(s) (Junk bonds, HYG, and Banks). At a result, bank stocks went bullish 5% this morning (Jp Morgan, Citi, BoA). More FED schedule below: www.newyorkfed.org www.newyorkfed.org -Jobless claims 2918000 vs 2500000, bring the total claims up to 36.5 million. -JC Penny is planning to file for bankruptcy on Friday (05/15/2020). -Chinese...

LagunitaLLC Updated 

FA -FED and other central banks are discussing a solution to stabilize the market. However, investors will have to wait for their decisions. Most central banks are keep rates at 0%, still, market wants negative rates. More programs will be announced soon. Please keep in mind and create an exit plan for short positions, just in case. -US debt + deficit are...

LagunitaLLC Updated 

FA -FED and other central banks are discussing a solution to stabilize the market. However, investors will have to wait for their decisions. Most central banks are keep rates at 0%, still, market wants negative rates. More programs will be announced soon. Please keep in mind and create an exit plan for short positions, just in case. Until then, market will open...

LagunitaLLC

FA Please check my other DRV posts for basic analysis. FED keeps rates at 0%. Which means no further interest expense can be reduced for rental businesses. TA -DRV is having a bullish trend, trading above moving averages. However, less than EMA 200. -DRV broke-out $26 trend resistance which means DRV can be trading higher. -Squeeze + RSI are signaling...

LagunitaLLC Updated 

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 : www.newyorkfed.org www.newyorkfed.org -The market wants negative rates. However, FED won't allow it (good choice)....

LagunitaLLC

FA -Retails are suffering financially (as expected), some will file for bankruptcy: JC Penny. -FED is buying corporate ETFs (mostly debt). So REIT or Retails debt are some of the options. This will reduce the rate of filing for bankruptcy and help businesses to deal with debts. -States are opening, however, worries about 2nd wave of Covid-19 will discourage...

LagunitaLLC

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 : www.newyorkfed.org www.newyorkfed.org -The market wants negative rates. However, FED won't allow it (good choice)....

LagunitaLLC

FA - 6 reasons why we will have another big drop. markets.businessinsider.com -Trump was furious when it comes to Covid-19 cases => causing worries for people www.cnbc.com -FED won't take many actions tomorrow, according to their schedule. www.newyorkfed.org www.newyorkfed.org -Chinese inflation data missed expectation www.cnbc.com -The oil contract will be...

LagunitaLLC

FA - 6 reasons why we will have another big drop. markets.businessinsider.com -Trump was furious when it comes to Covid-19 cases => causing worries for people www.cnbc.com -FED won't take many actions tomorrow, according to their schedule. www.newyorkfed.org www.newyorkfed.org -Chinese inflation data missed expectation www.cnbc.com -The oil contract will be...

LagunitaLLC Updated 

FA -South Korea warns the second wave of Covid-19 is possible. www.cnbc.com -Partial economy opening at worldwide level -The jobless level might move even higher: www.cnbc.com -FED overnight REPO at 500 billion dollar pushes the stock higher. www.newyorkfed.org -FED treasury buyback decreases to 7 billion dollars per day this week vs 8 billion last week....

LagunitaLLC

FA -South Korea warns the second wave of Covid-19 is possible. www.cnbc.com -Partial economy opening at worldwide level -The jobless level might move even higher: www.cnbc.com -FED overnight REPO at 500 billion dollar pushes the stock higher. www.newyorkfed.org -FED treasury buyback decreases to 7 billion dollars per day this week vs 8 billion last week....

LagunitaLLC Updated 

FA -FED is going to pump 500 billion (part of the repo plan) as a short-term note tomorrow. Also, FED is going to buy 8 billion worth of Treasury note. www.newyorkfed.org www.newyorkfed.org -Job data will be released tomorrow. Approximately, 20 million job losses will be reported. -More trading data here: tradingeconomics.com -The UK keeps rates at 0%. -Plunge...

LagunitaLLC

FA -FED is going to pump 500 billion (part of the repo plan) as a short-term note tomorrow. Also, FED is going to buy 8 billion worth of Treasury note. www.newyorkfed.org www.newyorkfed.org -Job data will be released tomorrow. Approximately, 20 million job losses will be reported. -More trading data here: tradingeconomics.com -The UK keeps rates at 0%. -Plunge...

LagunitaLLC

FA -Unemployment weekly claims will be released tomorrow at 8:30 AM. Expecting to be around 3 million. -Policymakers (FED) are likely to take action to counter bad data and keep the market afloat. -US debt is now more than $25 trillion dollars, increased 1 trillion dollars within a month. US total debt is above 27 trillion dollars. usdebtclock.org - More bad...

LagunitaLLC

FA -Unemployment weekly claims will be released tomorrow at 8:30 AM. Expecting to be around 3 million. -Policymakers (FED) are likely to take action to counter bad data and keep the market afloat. -US debt is now more than $25 trillion dollars, increased 1 trillion dollars within a month. US total debt is above 27 trillion dollars. usdebtclock.org - More bad...

LagunitaLLC

FA -Cov-19 death toll spiked today www.worldometers.info -FED is preparing to buy ETF (mainly bad corporate debt) www.marketwatch.com -More economy data will be released during this week. tradingeconomics.com TA Tomorrow, we will expect to see a reversal signal, if and only if SPX opens with a gap down and hold 2840 level (below EMA) til closing. SPX touched...