What happened the other two times Charles Schwab's Liz Ann Sonders @LizAnnSonders is out with a tweet saying: The results the other two weeks when all were released were not all that positive (at -3.7% and -3.9% respectively).
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US will not see a V-shaped recovery without another stimulus bill
White House advisor Hassett speaking The trend is to push for more and more government spending. Meanwhile Pres. Trump will return to giving press conferences as it is announced that he will hold a coronavirus news conference Monday evening to discuss additional testing guidance. Last week was not a good week after Pres
France coronavirus deaths rise to 23,293 from 22,856 on Sunday
France coronavirus numbers are being released See here for global coronavirus case data
Major indices maintain gains ahead of the earning apex this week
A number of key earnings releases this week The major stock indices are maintaining decent gains on the day. A snapshot currently shows: For the NASDAQ index, the price gapped above its 100 day moving average today at 8673.56. Stay above that moving average level this week would be more bullish.
US treasury auctioned off $42B of 5 year notes at a high yield of 0.394%
WI traded at 0.401% Grade: B+/A-
US to auction off $42 billion of 5 year note at the top of the hour
5 year note auction 6 month averages for the auction results shows: See here for global coronavirus case data
Italy's infection count lowest in 7 weeks
Italy reports 1739 new virus infections See here for global coronavirus case data
New York death toll rises by 337 versus 367 yesterday
New York Gov. Andrew Cuomo Cuomo :Could make argument to open parts of state after May 15 but says they must meet certain criteria including sufficient healthcare capacity and testing and tracing program in place.
EUR/JPY: Staying core short; AUD/CAD longs still attractive – SocGen
Analysis from Societe General Societe Generale Research maintains its structural bearish EUR/JPY bias, and likes long AUD/CAD over the coming weeks. "The S&P decision not to downgrade Italy on Friday, and a risk-positive mood this morning, have taken EUR/JPY back above 116 and EUR/USD above 1.08. But Q1 Eurozone GDP data
US treasury auctions off $34 billion at 0.229% versus 0.242% WI yield
To year WI at the time of auction was at 0.242% – WI level at the time of auction 0.242% – tail -1.3 basis points versus six-month average of 0.8 basis points lots of demand for the 2 year note auction has the high yield is well below the WI level of 0.242%. The auction came in […]