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Pandemic

MTY GambleProbably on the companies that got hit hardest by Covid and the pandemic. Still trying to find its way back to pre covid levels. This can be a great long term buy. I was in this at 28 and sold at 50. Will look to get in again if we see sub 45. Their focus is food court restaurants which are still recovering from lockdowns. Some of their franchises include Thai Express and Valentine. Could be worth a shot. Resistance is 55 right now but we could see $60 and even $70 in the next few months of things get back ok track. More of a opinion based on fundamentals then technicals. I believe they are a very good company.
TSX:MTY
by AngD1899
Bearish Sentiment on EURAUD going into 2021Sentiment for Global Recovery Further EUR weakness expected as fiscal & monetary stimulus in Europe will push inflation-linked assets higher globally. Auddie strength on commodities correlation as global inflation is expected to rise as vaccine roll-out helps boost economic recovery. Economic activities are expected to bounce back as vaccination efforts around the world continue. China 🇨🇳 has shown that when the pandemic is under control, things go back to normal. This is my bullish view of the Global economy from 2021 to 2024. Technical Perspective Since November, this pair has broken a strong level of support
Short
by GrizzlyBearBee
US Market: About to crash or everything is going "good"?Hello traders!  Hope y'all had a good week. In this post I want to talk a little about the nature of the economic recovery that we have seen in one of the largest equity markets in the world: the USA stock exchange.  Unless you've been living under a rock, isolated and without contact with the outside, you are probably aware about the overall outlook on how the pandemic has impacted different countries. In the U.S there were strong market crashes at the beginning of the year, multiple sessions with market halts, companies going bankrupt and others, mainly on the tech side, significantly increasing their value, among other things.  As the months went by and as optimism about an accelerated economic recovery began to reach the markets, we saw how they started rising again, to the point of reaching all-time highs. However, there are certain things that we cannot ignore when evaluating the character of this rise. On the fundamental side, we have certain aspects that we must consider: Stimulus packages The (literally) trillionaire dollar print Interest rates at 0 There has been much talk that this recovery is nothing more than a result of the stimulus packages delivered by the US government, since many people have used the money to start their trading journey, leading to demand for shares and consequently pushing the price up. This is tied to the gigantic amount of new dollars in circulation, which is intended to combat deflation. (In short, it's when no one spends money because they expect prices to fall, and it can be much more devastating than inflation). The problem is that, despite all these efforts, inflation continues not to rise and the US government has been left without many alternatives to achieve its goal of 2% per year inflation rate. Since interest rates are already at 0%, the only bullet they have regarding monetary policies is lowering the rates to the negative field. From a technical analysis point of view, there are certain patterns and clues (circled on the chart) that volume leaves us. If we pay attention, we can see that we have repeatedly seen a significant increase in volume around the areas where the market has made a correction, while the bullish rallies have not been accompanied by a especially high volume. This may suggest, in summary, that when the market makes a correction, there are many more interested in selling than buyers who want to join when the market rises. This in itself is not enough to conclude that we are facing another market downturn, but it is definitely something to consider when analyzing the character of the upward momentum in recent months, especially when contrasting it with the reality that exists in many places, since it does not it exactly reflects a healthy economy that supports rising markets, and while Main Street and Wall Street are different creatures, it's important to consider both.  There you have it folks! Remember that with or without a global economic crisis, we must always plan each trade we make and trade our plan.  I hope this post is useful for you! Leave in the comments what you think about it.
SP:SPX
by FernandoBorea
NNOX: TSLA OF HEALTCARE?After successful breakout above 51, NNOX has been retracing to test the newly formed RBS. Fundamentally, it has had a successful launch of its futuristic looking NANOx.ARC, which design can only be seen in Startrek or Starwars movies before this. This could provide major tailwind for NNOX as Xray imaging is one of the most essential diagnostic process especially during the current era of chest & lung loving virus. Looking to enter at current level and hold forever. DISCLAIMER: This is not an investment advice nor a buy call. This is just some analysis of based on some technical factors coupled with just a little or totally nonexistent fundamentals. This analysis is based on lagging (past) data (ie historical prices) thus any forward looking statement is just based on perceived highly probabilistic assumption(s) to assist personal trading decision.
NASDAQ:NNOXLong
by mdzulfid
3
SPX: some infosHi Guys, I see this... What do you see? Please share your views and comments below. Thank you for your support and for sharing your ideas. Cozzamara Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities. IMHO: The point of trading is to make money. To make money you must have money. Depending on the money at your disposal, you can decide what to do and how to do it. By having stops you decide how much you are willing to lose. By having targets you decide how much you want to earn. Be disciplined with your protocol and with your strategies for trading. Sometime you win, sometime you lose. Don't be greedy. Be realistic. Be wary but not afraid. Be curious. Use your brain. As long as your working process make sense and your spirit is calm, everything will be fine. Be patient and be prepared for any circumstances.
OANDA:SPX500USD
by cozzamara
5
BLACK SWAN PESSIMISTIC SCENARIO WIG20This pessimistic scenario is based upon current state of healthcare services in Poland which were underfinanced for many years and have very limited resources in qualified personell and equipment. There is significant lack of nurses and doctors in Poland not mentioning available hospital beds which means the system is near its breaking point. Recents countrywide protests could lead to epidemic spread of Covid 19 infection which will soon paralyse healthcare sytem and force goverment to freeze everything.
GPW:FW20Z2020Short
by CashJohny
Euro gains faith of investors durring Corona Virus.E.U successfully overcomed the challenge of coronavirus unpredictable first strike. Even with the threat of italy and spain leaving the union, E.U stand united and finded the soloutin. That win against the pandemic gived faith to the investors who remained stand by the europeans. Also the elections of november for the next US president, the black live matters movement and the treatment of Trump's government for the pandemic shows an unstable economic enviroment.
by PanosLivieratos
EURO vs's Potential $1.17 ResistanceMy Fellow Traders, Appreciate you taking the time to view my analysis, in which I hope you may find it beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Also, I’m new to charting game and the crypto/stock space. So, if you have any constructive criticism or tips, please share. Cheers & Happy Trading! ------------------------------------------------------------------------------------------------------------------------------------------------------------------ ANALYSIS: The EURO appears to be struggling at $1.17, which should turn into resistance. If the previous overhead diagonal resistance continues to act as support, we can see the EURO funnel down to re-test support at $1.1686. Moreover, as new COVID cases in Europe are on an uptrend, this bearish narrative seems like a not too distant reality. Especially as we are seeing the 20ema wanting to reclaim its dominance over the 9ema.
Short
by AB_Trading-Intelligence
2
DXY/ Economy for next decade.Hi Guys! Today I would like to talk about Ray Dalio and problems on the global economy. (not sure if he needs the introduction) Ray Dalio is the founder of Bridgewater. Bridgewater has raised over $ 58 billion for his clients. Bloomberg managed to access the message to their clients. And as it is now accepted there were found very gloomy forecasts regarding the financial market and how it will behave in the next 10 years and it assumes as a "lost decade" for the stock market. If you look at previous historical events, there were several cases when the financial market had negative returns for 10 years or more. That is, if you put your money in the stock market and waited 10 years or more, you would still be at a loss. For example, in the 2000s, right before the collapse of Dot-com, that is, if you invested and waited until 2012, you would still have a negative balance. But the best example that can be cited is in 1929 when if you were to invest then you would have to wait over 30 years before you could profit from your investment. And Dalio believes that we are in this kind of period. I propose to figure out why Ray Dalio thinks so. 1. Bridgewater cited a drop in profits as the reason for the lost decade in the future, so it's a drop in what was once a profit. They noted “the margin that provided most of the excess stock returns over cash may face a shift beyond the current yield cyclical decline,” and one of the reasons they see the decline in earnings is due to declining globalization. they also said "Globalization, perhaps the biggest driver of profitability in developed countries over the past few decades, has already reached its peak. Now the conflict between the US and China and the global pandemic is further accelerating the efforts of multinationals to reorient and duplicate supply chains, with a focus on reliability rather than just cost optimization." In 2019 and years earlier, there was a big direction towards globalization, which means that companies operate in different countries and buy things in others as it is much cheaper and profits are growing significantly. But analysts from Bridgewater see a decline in globalization after this crisis as countries begin to rely more on themselves and produce their local goods, but for a large number of companies this reduces profits because it is more expensive to produce goods themselves than to outsource them and this is one of the key reasons of a lost decade - "Decrease in globalization". 2. “Even if overall profitability recovers, some companies will die or their shares will devalue during this time. Left with lower yields and cash shortages, companies are likely to come out of the curve with more debts. ”
TVC:DXYEducation
by TradingExpertGroup
POSSIBILITY OF UP SQUEEZE BEFORE RANGING TREND - GLYHO - 240MNGLYHO is arriving at a very important area, pink square zone. Probable support and resistance are marked with a green to line and a red bottom line. For the moment the trend is clearly an uptrend one. However, the market has already tested an upper point which as resulted in a strong downward pullback. The trending blue line has been holding the price up. Beware: -Possibility of continuous uptrend then a pullback down from the red line. -Other possibility is a market fear which could lead to a brief retreat to the down red support. Other thing: - We can see that overall the market is recovering from the pandemic effect. The blue horizontal line is marking the most relevant pivot point. This is confirming a potential area where the market is at the moment.
BIST:GLYHOLong
by Diallo_Charts_Ideas
Consumer staples testing trend line on reclosing & stimulus newsConsumer staples tested and got rejected from a critical trend line this afternoon. The sector has been strengthening due to demand for groceries as economies reclose. Today it also got a bump thanks to news that people with incomes less than $40,000/year may get a second round of stimulus checks. This ought to help juice consumer demand a little. I've also been impressed with the staples sector's performance on earnings reports so far, and I'm expecting the sector to continue to beat analyst expectations. The staples sector has been beneath a downward sloping trend line since February, but it has tested the trend line three times in fairly rapid succession and may be gearing up for a breakout. I've set an alert on the trend line and will be watching for a cross with good volume as my buy signal.
AMEX:XLPLong
by ChristopherCarrollSmith
So... What is next? Shortest recession in play?Stock market - Against all odds, S&P index has risen almost 32% since hitting a low for the year on March 23. The fact that it happened after a ferocious plunge of 35% between Feb. 20 and March 23, the most devastating sell-off since the great depression, made the feat even more remarkable. As a matter of fact, the market posted its best quarter since 1998, with Nasdaq leading the way by soaring 30.6% for the quarter, the most since 1999. Some speculated that the fast recovery was due to the big outflow of money from the fixed-income market into the stock market as emerging market fails to meet its debt obligation. Others credited young investors (medium age of 31) on Robinhood (3 millions user added 2020, 13 millions total) with stock market's spectacular rally. I personally doubt that the combined purchasing power of all Robinhood users is strong enough to sway the stock market. Nonetheless, the stock market performance is not representative of the entire economy as there are more than 30 millions small & mid-sized company not listed on major U.S stock exchanges GDP - What is even more incredible about the stock market's recovery is that it all happened after various sources estimated the GDP contraction to be around 30% to 50% in second quarter Recently, Fed and policymakers projected the economy to shrink 6.5% (medium projection) in 2020 and the unemployment rate to be 9.3% at the end of the year Corporate earning - According to data from S&P Capital IQ, 40 percent of the S&P 500, about 200 companies, have withdrawn their guidance and declined to make EPS estimate in 2020. This lack of guidance has caused a lot of problem for the prediction of corporate earning. A recent analysis by CNBC earnings editor Robert Hum showed enormous differences at historical level between the high and low estimates for the largest stocks in the S&P 500. According to numbers compiled by the data provider FactSet, second-quarter profits will fall more than 40 percent. Refinitiv is projecting about a 43% drop in second-quarter earnings. Expect to get a more clear picture of corporate earnings around mid-July as banks release their corporate earnings. Even though the stock market is reflecting more of future sentiment than current economic condition, the speed of its recovery seems to indicate that most investors believe that not only will the market erase all the losses in 2020, but also it will quickly resume the long-term growth trend equals that of 2019, which seems highly unlikely to me. Again, it is hard not to notice the massive distortion between the stock market's performance and corporate earning. Unemployment - Initially, the hope is that most temporary layoffs would not turn into permanent job loss. However, as lockdown extends, many furloughed employees are at the risk of becoming unemployed as more and more small businesses going out of the business. Roughly 20 million Americans are currently receiving unemployment benefits and the insured unemployment rate is still high at 13.4%. BLS said that discrepancy in unemployment # due to "misclassification" has been adjusted accordingly. An alternative measure of unemployment that includes discouraged workers and the underemployed fell to 18% from 21.2%. Overall, better than expected unemployment # and steadily declining initial claim and continuous claim # have painted a much better picture for the labor market. However, unemployment remains at historic levels. Output and employment remain far below their pre-pandemic levels, according to Federal Reserve Chair Jerome Powell Pandemic - WHO reported around 180,000 new coronavirus cases last Sunday, the single-largest increase since the pandemic began, with two thirds of new cases coming from the Americas. Around half of the 50 U.S. states were also reporting a rise in new coronavirus cases, most notable in southern states that were previously spared from the Covid-19 ravage. On Tuesday, United States recorded the biggest single-day rise in new cases since the pandemic began. According to Bloomberg report, most experts believe a vaccine won’t be ready until next year. Other factors - Trade war with China and upcoming election... #1. Median existing-home price last month was $284,600, up 2.3% from May 2019. #2. The 30-year fixed-rate mortgage averaged 3.13% for the week ending June 18. Mortgage rates have drop to another record low. #3. The number of Americans applying for home mortgages has hit an 11-year high. #4. An index measuring homes in contract to sell, or pending sales, jumped by a record 44% in May. #5. A record spike in U.S. retail sales, though the recovery happened after a huge dive of retail sales a month earlier. #6. PMI has surged sharply after a huge plunge since the pandemic started. It is possible that the # is skewed by the lack of small business participation and the effect of China re-opened its economy ahead of other major economy. I believe most current home buyers are not heavily impacted during this economic downturn and their purchase decisions are probably not indicative of the economic recovery. Shortest recession is made possible because this economic crash was driven by the uncertainty of pandemic rather than economic fundamentals? I don't know. But if you only look at real estate and stock market, it surely seems so.
AMEX:SPY
by Libratus
2
COVID-19 pandemic and not epidemic, exponential ant not gaussianThe COVID-19 is pandemic and not epidemic because it touches all continents all around the world. It is exponential ant not gaussian because there is a second wave in a lot of countries. But maybe the first wave never stopped, and we are testing more and more people. Maybe the curve with continue to grow but start to flatten, nobody is able to predict the future. Just don't bet against the trend, apply the maximum security to yourselves and only yourselves (until it goes to 0 with 100% of recover and 0% of death ?). There is not plot, nobody is lying, governments and people have just no ideas of what will happen because we are facing something imprecise.
CLong
by Nugacity_Fracedinous
Utilities could substantially outperform this yearUtilities traditionally are a recession safe haven, although in March they fell along with the broader market. There is reason, however, to think they will outperform going forward. According to an analyst poll conducted by FactSet, analysts expect utilities to be the sector least affected by the pandemic, with 2020 earnings down only 1.6% from pre-pandemic forecasts. The next strongest sector, information technology, is expected to take a 6.5% hit. Of the S&P 500 companies that have confirmed their previous 2020 guidance, 53% are in the utilities sector. Here's the link to the FactSet poll: www.factset.com Although earnings forecasts for the sector are down only 1.6%, utilities stock prices are down about 16% from their pre-pandemic peak. That suggests that utilities are now trading at a significant discount. Additionally, RYU has a nearly 3% dividend yield and has been a growth sector due to the widespread adoption of renewable energy technologies by both corporations and governments. In 2019, the utilities sector roughly doubled its earnings over the previous year. In terms of technicals, utilities recently made a bullish MACD cross on the weekly chart. There's a little bearish divergence on the histogram, and the daily MACD is below the signal line, which makes some short-term price weakness a real possibility. For the longer term, however, the technical setup looks good. RYU is sitting atop a block of support on the volume profile, whereas to the upside there's much less volume profile resistance. Note that RYU is not optionable. If you're like me and you'd like to buy some long-term (2022) option calls, you could look at the XLU S&P 500 utilities fund. I prefer equal-weight funds because they tend to outperform long-term, but in addition to being optionable, XLU has a better dividend yield and a better expense ratio than RYU.
AMEX:RSPULong
by ChristopherCarrollSmith
Starbucks COVID 19 Analysis June 2020Still not convinced the growth isn't just a pullback to test again the $50 price or to even fall beyond $50. Now, $50 looks like a strong resistance zone. More like a reasonable price. Being not a essential commodity, there may be a stronger hit to the stock price if unemployment affects their clientele at a level in which they would have to further restrict their spending on nonessential items. Still very interested to see what happens once 2nd quarter of this year closes and earnings are disclosed.
NASDAQ:SBUX
by Aizakku
2