What’s on Tap Weekly Calendar: August 3 – 7, 2020
Monday August 3rd Economic Calendar: 9:45 AM EST Markit US Manufacturing PMI, July 10:00 AM EST ISM Manufacturing Index for July…est. 53.4
S&P 5 Point To Higher Open
Let’s forget about the S&P 500 futures for a minute and let’s talk about the S&P 5 futures. They’re up again and pointing to a positive start for the market.
Closing Bell (August 3, 2020)
Chart Advisor: Divergent Paths
The True Cost of Ill-Timed Investment Decisions
Carbon Markets | The Big Explainer
Travel Industry Hiring Has Come to a Halt
Last week, Indeed released data showing which industries have had the greatest decrease in hiring since COVID-19 started. We took a look at how FAANG hiring had changed alongside this greater trend, and today we’ll be looking at the most-affected industry: Travel.
We Expect Fed Rates to Remain at Zero For Years
The Federal Open Market Committee issued its latest statement on July 29 and, unsurprisingly, held the federal-funds rate at 0.0%-0.25% with a unanimous vote.
Chart Advisor: Big 4
Economics and Earnings Still Drive the Market
Trepidation Ahead of the Close
the Q2 GDP data out of Germany and the U.S. Granted this is dated information, but the stunning 10.1% quarter-over-quarter decline in Germany’s GDP and the 32.9% quarter-over-quarter annualized rate of decline in U.S. GDP (Briefing.com consensus -35.0%) are just that — stunning.
Chart Advisor: Countdown
Plenty to be Concerned About, But Few Are Worried
MLP Monthly Report: July 2020
Economic and Market Outlook: A Midyear Update
COVID-19 Crisis Accelerates the Digital Transformation Trend
Digital transformation was already underway prior to the COVID-19 pandemic, but the resulting economic crisis has caused an acceleration, according to Franklin Equity Group’s Jonathan Curtis. He shares where his team is looking for potential opportunities within technology during the current period and beyond.
Chart Advisor: Nervous Jitters
Upgrading Materials to Overweight
ATMX Follows FAANG Higher, Sogou Receives Buy Offer From Tencent
Asian equities had a strong day led by growth stocks following vaccine hopes and US dollar weakness. Hong Kong had a strong day as Tencent played Atlas lifting the market, accounting for 136 of the 169 index points that the Hang Seng added today.
Trees Don’t Grow to the Sky – Even Golden Ones
The Danger of Learning From Your Mistakes
The process of learning from your mistakes is an important part of improving yourself over time both as an investor and as a person. But it requires that you learn the right lessons and don’t draw the wrong conclusions from your failures.
How to Choose the Right 529 Portfolio for Your Future College Student
The sooner you can begin funding your child’s higher education, the more time that money has to grow. But every family is different, and the college savings strategy that works for one family may not be right for another.
A Peek Into The Markets: US Stock Futures Edge Lower Ahead Of Earnings Reports, Fed Meeting
U.S. stock futures traded slightly lower in early pre-market trade, after recording a rise in the earlier session. Investors are awaiting earnings results from MCD, PFE, MMM and SBUX.