Market trend will be depending on how investors react to these reports. As the market is overbought and near resistances, be prepare for sell on news may be the likely action by investors. Technically, S&P 500 supports are 2790 and 2660. Resistances are 2933 and 3007.
。European bourses are broadly higher, with Germany's DAX + 2.1%, France's CAC + 1.3% and UK's FTSE + 0.9%; in Asia, Japan's Nikkei + 2.7% after the Bank of Japan boosted stimulus measures, and China's Shanghai Composite +0.2 %.---SeekingAlpha
。Due to the economic ramifications of the coronavirus, earnings season has never been this trivial, according to Evercore ISI. “It's hard for us to recall a time when earnings reports seemed less important,” Evercore technology analyst Benjamin Black told clients. “In the context of a global pandemic, 30-50% declines in GDP, and an uncertain shape of potential recovery – 1Q results will offer only a 2-week window of possible extrapolation into the current situation, and management teams will likely be reluctant to offer explicit forecasts amidst forces so far out of their control, "he added.---CNBC
。Oil prices slumped again on Monday on concerns over scarce storage capacity, especially in the United States, and global economic doldrums from the coronavirus pandemic. US oil futures led losses, falling by more than $ 3 a barrel on fears that storage at Cushing, Oklahoma, could reach full capacity soon. US West Texas Intermediate CLc1 June futures fell $ 3.61, or 21.3%, to $ 13.33 a barrel by 1215 GMT. Brent crude LCOc1 was down $ 1.17, or 5.5%, at $ 20.27 a barrel. The June Brent contract expires on Thursday. Oil futures marked their third straight week of losses last week, with Brent ending 24% down and WTI off about 7%. Prices have now fallen for eight of the past nine weeks. ---Reuters
。White House economic adviser Kevin Hassett says Q2 GDP will be the 'biggest negative number since the great depression,' Hassett says that a lot of the unemployment insurance claims occurred after they were included in the survey for official unemployment data, and so "the really bad news that we've been seeing in initial claims will be spread over a couple of months. "He then said that he expects the unemployment rate will be around 16%-17%, and that the Q2 GDP number will be the" biggest negative number that we've seen since the great depression, "which could be in the -20% to -30% range. ---ZeroHedge
。Mizuho upgraded eBay (EBAY) to Neutral from Underperform as they expect the appointment of the new CEO should accelerate its portfolio review.
Mizuho upgraded Twitter (TWTR) to Neutral from Underperform as they feel the COVID-19 impact is mostly reflected in the stock price.
UBS downgraded Gilead Sciences (GILD) to Neutral from Buy on valuation; what's more, firm sees risk / reward into remdesivir (RDV) phase 3 readout as balanced.
Morgan Stanley downgraded Caterpillar (CAT) to Underweight from Equal Weight as they see growing headwinds from a multi-year downturn in Non-Resi Construction, combined with historically weak oil prices and declining mining commodity prices.
---Briefing.com
随着日本银行宣布采取更多宽松行动，以及更多州计划重新开放加上欧洲和亚洲市场上涨，美国股指继续上扬。 但是，石油价格则继续下跌。 就经济发布和收益报告而言，这是重要的一周。市场趋势将取决于投资者对这些报告的反应。 由于市场超买且接近阻力位，要提防投资者可能采取的行动是新闻发布后卖出。 从技术上说，标普500的支撑位是2790和2660。阻力位是2933和3007。
。欧洲股市普遍走高，德国的DAX + 2.1％，法国的CAC + 1.3％，英国的FTSE + 0.9％；在亚洲，日本央行刺激刺激措施后，日本日经指数上涨2.7％，中国上海综合指数上涨0.2％。---SeekingAlpha
。据Evercore ISI称，由于冠状病毒的经济影响，收益季节从未如此微不足道。 Evercore技术分析师本杰明·布莱克（Benjamin Black）对客户说：“我们很难回想起财报似乎不太重要的时期。” “在全球病毒大流行的背景下，GDP下降30％至50％，并且潜在复苏的形状不确定–第一季度的结果只能提供两周的时间来推断当前情况。由于情况仍然没受到控制，企业管理团队不愿对有关投资计划及收益作出评论。--CNBC
。石油价格周一再次下跌，原因是市场对储存能力不足的担忧，尤其是在美国，以及冠状病毒大流行导致全球经济低迷。由于担心俄克拉荷马州库欣的储存可能很快达到满负荷状态，美国石油期货跌幅最大，跌幅超过每桶3美元。格林威治标准时间1215，美国西德克萨斯中质油6月期货下跌3.61美元，或21.3％，至每桶13.33美元。布兰特原油期货下跌1.17美元，或5.5％，报每桶20.27美元。六月布伦特原油合约在星期四到期。石油期货上周连续第三周下跌，布伦特收盘下跌24％，WTI下跌约7％。在过去九周中，价格已经下跌了八周。 ---路透社
。白宫经济顾问凯文·哈塞特（Kevin Hassett）表示，第二季度GDP将是“自大萧条以来最大的负数”，哈塞特说，许多失业保险索赔发生在将其纳入官方失业数据调查之后，因此，“我们在最初的申领失业看到的真正坏消息将持续几个月。“他说，他预计失业率将在16％-17％左右，而第二季度的GDP数据将是“ 自大萧条以来我们看到的最大负数，“可能在-20％至-30％范围内。 ---ZeroHedge
。瑞穗证券（Mizuho）将eBay（EBAY）的股票评级从“跑赢大盘”（Unperperform）上调至“中性”，因为他们预计任命新首席执行官将加速其投资组合审查。
瑞穗将Twitter（TWTR）从落后大市上调至中性，因为他们认为COVID-19的影响主要已体现在股价上。
瑞银将吉利德科学（GILD）的股票评级从买入下调至中性。公司认为remdesivir（RDV）第3阶段读数的风险/回报是不相上下的。
摩根士丹利（Morgan Stanley）将卡特彼勒（CAT）的股票评级从“等权重”下调至“减持”，原因是他们看到非住宅建筑业多年下滑带来的阻力越来越大，加上历史上疲软的石油价格和矿业商品价格的下跌。
---Briefing.com
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