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Watch Now: Here's What Will Move Markets This Week - June 7 (Video)

Published 06/07/2020, 09:20 AM
Updated 06/07/2020, 09:24 AM
© Reuters.

© Reuters.

Investing.com - Our senior markets analyst Jesse Cohen gives us his top five things to know in financial markets in the week ahead, including:

- Federal Reserve Meeting, Powell Take Center Stage

- U.S. Economy Reopenings To Drive Risk Sentiment

- U.S. Jobless Claims Highlight Economic Calendar

- U.S. Inflation Data Also In Focus

- Adobe Systems (NASDAQ:ADBE), Lululemon (NASDAQ:LULU) Report Earnings

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Latest comments

invested in the cheapest stock on Cashapp, I'm already I'm a loy of profits, but constantly watching for more
And here they pump again
Really want to short Lulu long term but this entire rally has been unexplainable. I think everyone knows that even Q3 reports are going to be horrendous but we seem to have discounted everything bad til end of next 2 years at this point.
I learned the hard way.. never bet against the Feds... it's like playing against cheater who can print money as needed while you are playing with limited small amount of money.
Everyone SAYS the market is “looking through” Q2 and Q3 earnings and giving mgmts a free pass on pulling guidance, but that’s a joke. Already we’ve seen stocks like INTU and CLDR attempt to give near-term guidance and get hammered. Imagine what will occur when the Street begins to pull those free passes on Q3/Q4 guidance and the outlooks turn out to not justify this huge market run we’ve seen nearly back to pre-Covid levels. This rally is all about the safety net being provided Fed and FOMO of PMs who are being forced to participate in a rally they know is a house of cards.
I put half my money in long positions and holding the other half for the inevitable pull back for when reality hits in a month or 2 and ill just avg down
With $500 billions the FED putting in the Market every week, I don't think there's a chance the market will be red. But what they're doing right now is creating a "Fake Market" when they stop printing and put the market to the real test then it will fail miserable. The drop down will be HUGE!!!
yep. dont fight the Fed.
T. Ronald Dump is losing his base little by little, but, many 1000s more fence sitters. inappropriate responses piling up to mountainous proportions, rioting, threat of military, new rounds of virus. He's all but dead in the water face down
We'll see how the market handles the next Taper Tantrum. It's easy to calculate projections when you start from a specific QE limit. In an Unlimited QE world, any whiff of tapering will trigger a downside blowout. The true president of the US is Powell.
Fed will move markets
Adp reported employers cut 2.76mil last month. Economists forcasted 8.66 million. Now they r comming out n posting fud to cover their incompotent.
Also, 2.76 million job cuts is “good news” ...lol. It is all a news game, no logic, 2.76 million job cuts 3 months ago would have caused a sell-off. Now its great and has a near bull market effect?
*You mean ADDED 2.76mil jobs
economist forcased add or cut 8.66M. How many job stay in? payroll due to temporary PPP?
D
Yes. We can trust our data more than China.
For the so many times an error in the USA job report. This time, collecting data during the pandemic is to blame for the error. The error however always seem to benefit the USA economy. So is USA just like China on this matter. Can investors really trust the USA data providing agencies? Hmmm
Of cource usa, china fake news all the same. Bottom line its all about money and making amerca great again..
ADP is independant from the government.
The US is just as bad as China for BS data.
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