S&P futures gave up an earlier gain, with airlines including United Airlines dropping in pre-market trading after the carrier unexpectedly canceled a bond sale on Friday. Exxon Mobil and Chevron also fell more than 1% in premarket trading, as oil prices tumbled after Germany and South Korea reported a surge in COVID-19 cases after easing lockdowns. Battered cruise operators and airlines including Carnival, Norwegian Cruise Line Holdings were also among the early decliners. Hopes of a pickup in business activity powered a Wall Street rally last week, with the Nasdaq recouping all its losses for 2020 as investors looked past dire economic data, including a historic 20.5 million plunge in jobs in April. However, the S&P 500 is still more than 13% below its February record high and analysts have warned of another selloff as macroeconomic data gets worse, foreshadowing a deep and lasting global recession. ---Zero Hedge
A jump in infections in South Korea and other countries that appeared passed the worst of the coronavirus stoked some jitters here. Stocks that would benefit most from reopening led the losses including airlines, retailers, cruise lines and casinos. “I think this part of the bounce was easy to forecast, I think what happens from here again depends a lot on Covid stuff,” said Paul Tudor Jones, founder of Tudor Investment Corp., on CNBC’s “Squawk Box.” “There’ll be a shift in focus from liquidity issues somewhere down the line to solvency issues. If we don’t find a vaccine or a cure, if we don’t find a much better way of testing at scale ... then I think the market’s going to have a much more difficult time.” ---CNBC
The Atlanta Fed’s GDP Now is estimating a -34.9 percent Q2 GDP print, which is 3.5x the largest quarterly decline in the post-WWII economy.If realized, the 11.3 percent non annualized first-half GDP collapse in 2020 will approach the worse year of the Great Depression, when in 1932, the economy shrank 13.1 percent for the entire year . Zero Hedge
Oil jumped as Saudi Arabia said it would unilaterally cut production by an extra million barrels a day in June.Futures in New York bounced as much as 3.4% higher, erasing earlier losses. OPEC’s largest producer has told its state oil company to reduce May production if possible, and will pump 7.492 million barrels a day in June, about a million barrels below its official OPEC+ output target. That would be the lowest level since mid-2002, according to data compiled by Bloomberg.---Bloomberg
Tesla sued local authorities in California on Saturday as it pushed to reopen its Fremont factory, but things appeared to get heated very quickly. Elon Musk announced he would move Tesla's (NASDAQ:TSLA) "HQ and future programs to Texas/Nevada immediately" and said retaining manufacturing in California would be "dependent on how Tesla is treated in the future." Tesla built nearly half a million vehicles at its Fremont plant in 2019, while Wedbush analyst Dan Ives estimates it could take the company 12 to 18 months to relocate production. TSLA -3.3% premarket. ---Wall Street Breakfast
Stage Stores, which operates brands including Gordmans and Beall, is the latest retailer to file for bankruptcy since the pandemic began, following J.Crew and Neiman Marcus. It will start selling off inventory when 557 of its stores reopen on May 15, while the rest of its stores are scheduled to reopen in phases on May 28 and June 4 as it searches for prospective buyers. "Given the conditions, we have been unable to obtain necessary financing and have no choice but to take these actions," declared CEO Michael Glazer. ---Wall Street Breakfast
美国主要股指开盘下跌，现在已经回升。早盘疲软是由于有消息称，中国，德国和韩国都报告了新的病毒感染病例，这给经济开放带来了新的担忧。五大股票继续上涨，拉动了市场上升。目前，AAPL，AMZN，FB，GOOG和MSFT今年分别上升了6.5％，29.92％，3.87％，4.4％和17.46％。看起来好像百年一遇的COVID-19危机从未发生过一样。NVDA今天被调升了评级，并且正在飙升至新高，进一步为科技股提供了帮助。高盛（Goldman Sachs）今天列出了市场将下跌18％的6个原因，莱昂·库珀曼（Leon Cooperman）周末列出了11个市场的担忧，沃伦·巴菲特（Warren Buffet）上周表示找不到有价值的股票买和杰夫·冈德拉赫（Jeff Gundlach）在两周前表示市场将重新测试3月的低点，市场真不尊重这些大人物的意见。无论如何，纳斯达克100指数（NDX）现在仅比历史最高水平低不到5％，而道指，标准普尔500和罗素2000仍分别比历史最高水平低18％，14％和23％。与其他市场相比，科技指数上升得太多太快了，这种差异并不健康。处于超买状态的科技股增加了弱势指数将其拖累的可能性。主要股指目前正面临标普500 2957，纳斯达克9315和道琼斯指数24764的关键阻力。股市超买且面临阻力，即将回落的机会大。
在亚洲，日本-1.1％。香港-1.5％。中国平。印度-0.3％。
在欧洲，午间，伦敦-0.3％。巴黎-1.4％。法兰克福-0.7％。
期货在6:20，道指-0.7％。标普-0.7％。纳斯达克-0.4％。原油-3％至23.99美元。黄金-0.9％至1698.30美元。比特币-0.5％至$ 8810。
十年期美国国债收益率持平于0.69％
。标普期货放弃了早些时候的涨幅，包括联合航空在内的航空公司在周五意外取消了债券出售后，其盘前交易下跌。埃克森美孚（Exxon Mobil）和雪佛龙（Chevron）在盘前交易中也下跌超过1％，原因是有价下跌。此前德国和韩国报告称，在解除封锁后，COVID-19案件激增。受挫的邮轮运营商和航空公司（包括嘉年华，挪威邮轮公司）也成为了早期的下跌者。上周华尔街的反弹推动了商业活动回暖的希望，纳斯达克（Nasdaq）收复了2020年的所有亏损，因为投资者过去的经济数据令人担忧，包括4月历史性的2050万就业人数的暴跌。然而，标准普尔500指数仍比2月份的纪录高点低13％以上，分析师警告称，随着宏观经济数据变得更糟，将再次遭遇抛售，这预示着全球将持续深陷衰退。---Zero Hedge
。韩国和其他国家/地区出现的感染激增导致认为最严重的冠状病毒已经过去的想法又起波澜。重新开放将受益最大的股票是是今天损失最大的股票，包括航空公司，零售商，邮轮公司和赌场。 Tudor Investment Corp.的创始人Paul Tudor Jones在CNBC的“ Squawk Box”上说：“我认为反弹的这一部分很容易预测，我认为从这里再次发生的事情在很大程度上取决于Covid的情况。” “重点将由流动性问题转移到能否生存的问题上。如果我们找不到疫苗或治疗方法，或者找不到更好的大规模测试方法，那么我认为市场将面临更加困难的时期。” --- CNBC
。亚特兰大联储的GDP Now估计第二季度GDP增长率为-34.9％，是第二次世界大战后经济体最大季度跌幅的3.5倍。如果实现，2020年上半年GDP的-11.3％非年度化崩溃将接近更糟的在大萧条时期一年 ，1932年，当时全年经济萎缩了13.1％。---Zero Hedge
。沙特阿拉伯表示将在6月单方面每天减产100万桶，石油价格因此而上涨。纽约期货价格上涨了3.4％，抵消了之前的损失。欧佩克最大的生产商已告诉其国有石油公司，如果可能的话，将减少5月份的产量，并将在6月份每天抽取749.2万桶，比其官方欧佩克+产量目标低约100万桶。根据彭博社的数据，这将是自2002年中以来的最低水平。
。特斯拉周六起诉加利福尼亚州当地当局，要求其重新开放其弗里蒙特工厂，但事情似乎很快升温。埃隆·马斯克（Elon Musk）宣布，他将把特斯拉（NASDAQ：TSLA）的“总部和未来计划立即移至德克萨斯州/内华达州”，并表示是否v保留在加利福尼亚的制造将“取决于未来特斯拉的待遇”。特斯拉于2019年在其弗里蒙特工厂生产了近50万辆汽车，而Wedbush分析师丹·艾夫斯（Dan Ives）估计，该公司可能需要12到18个月的时间才能转移生产。 TSLA -3.3％的盘前交易。 ---Wall Street Breakfast
。自大流行以来，继J.Crew和Neiman Marcus之后，经营着Gordmans和Beall等品牌的Stage Stores是最新申请破产的零售商。它将在5月15日重新开设557家商店时开始出售库存，而其其余商店计划在5月28日和6月4日分阶段重新开放，以寻找潜在的购买者。首席执行官迈克尔•格拉泽（Michael Glazer）表示：“鉴于条件，我们一直无法获得必要的资金，别无选择，只能采取这些行动。” ---Wall Street Breakfast
No comments:
Post a Comment