Alrighty folks, we’ve got a busy week for second-quarter earnings, 244 companies will report. Notables include Snap, Tesla, Microsoft, Chipotle, Twitter, and Verizon.
Buckle up, it’s gonna be a wild week.
A few weeks ago we cited the range (3230-2970) in the S&P 500. Now the S&P is pressing near the highs of that range. Will we climb higher? Or fall to our death? Place your bets…
Here’s the weekly chart.
Last week was a strange one by 2020 standards. The winners lagged while the losers led.
Here’s the weekly S&P 500 heatmap. You can see Microsoft, Netflix, and Amazon shine bright like Rudolph’s nose.
And here’s the YTD S&P 500 heatmap. It’s nearly the inverse of the visual above. Flip-freakin-flop.
Work From Home Isn’t New
This idea of working from home in a digital world is not new. Here’s an Apple advertisement from 1987.
How to succeed in business without leaving the house.
📈 Securitization & Markets
🌎 An Intern’s Guide to the Galaxy
🏜 Who Needs Mars When You’ve Got Canyonlands?
👽 Space Weed Could Keep Astronauts Healthy
📹 Virtual Tour of Pharaoh Ramses Vi’s Tomb
🔌 GM Will Have 12 Electric Vehicles Soon
⛳️ GOLFTOPIA Could Be a SIMGOLF Successor
The Week Ahead
And now a brief and well-organized look ahead at the trading week beginning Monday, July 20, 2020:
7/22 June Existing Home Sales (10:00 AM ET)
7/24 June New Home Sales (10:00 AM ET)
Here’s the full Economic Calendar provided by Briefing.
Here’s Earnings Whispers’ great visual.
Be sure to know when your stocks are reporting. Here’s the full earnings calendar.