Intuition

Wage Increase to end the Week

In recent weeks, we’ve seen countless businesses (both private and public) close their doors in response to the COVID-19 pandemic. That said, home improvement retailers remain open for business as usual as many individuals may have more time on their hands to do one or two home improvement projects they’ve been planning.


Two major home improvement retailers are best known in its sector… Home Depot and Lowes. Both remain open as essential businesses, but one recently announced a wage increase over the other and extended its hours.

Wage Increase to end the Week.

In recent weeks, we’ve seen countless businesses (both private and public) close their doors in response to the COVID-19 pandemic. That said, home improvement retailers remain open for business as usual as many individuals may have more time on their hands to do one or two home improvement projects they’ve been planning.


Two major home improvement retailers are best known in its sector… Home Depot and Lowes. Both remain open as essential businesses, but one recently announced a wage increase over the other and extended its hours.

Is This Company Your Telecommunication Provider?

In today’s world of working from home and learning remotely, everyday individuals like you and me may be more reliant than ever on telecommunication providers. One may think these circumstances would be good news for investors and traders in telecom stocks, but the picture is decidedly mixed.


For instance, just yesterday JP Morgan telecom financial analyst Philip Cusick cut his rating on AT&T to neutral from overweight, trimming his target price on the stock to $35 from $38.

The Only DOW Stock Which Went Up...

Just one trading day after the worst quarter in stock market history, futures traded about 3% lower overnight. Some traders may be scared, but as an active trader, I continue to analyze TrackStar’s financial professional data on a daily basis… and trading in current markets has been more exciting than ever as a result.

Financial Advisors’ Most Searched Tickers Lead by the Boeing Co (BA) as Stock Jumps on Government Aid Prospect

As COVID-19 continues to spread across the world, the US has overtaken other countries as the leader in the number of infected people, with more than 141,000 confirmed cases. Investors are now turning their attention to policymakers last week as a number of measures to boost the economy.
With the US and the global economy on brink of a recession (or perhaps it’s already in one), the focus last week was on congress, which after numerous failed attempts managed to pass a $2.0 trillion stimulus bill, the largest ever in recorded history. The bill was voted on and signed into law on Friday, but the anticipation not only kept investors on the edge but also resulted in the biggest three-day rally of the stock market since 1931. In this way, the Dow Jones Industrial Average surged by 13.68% last week, while the S&P 500 and the NASDAQ Composite advanced by 10.93% and 9.53%, respectively.
The stimulus package is one of the most far-reaching pieces of legislation ever introduced. It includes direct payments to individuals and to households with children, an extension of unemployment benefits, allocations to state and local governments, corporate aid, loans to small businesses, and allocations to the healthcare system.

Video Conferencing is Thriving

While individuals have been settling in to working from home over the last couple of weeks, we may be looking at another month of working from home after President Trump’s extension of social distancing guidelines through April 30, 2020.

These Stocks Share a Unique Financial Catalyst

As of 7am ET futures point to a 2% drop following Thursday’s rally. That said, airline stocks continued to trade higher on Thursday after the Senate passed a $2 trillion stimulus bill that included more than $50 billion in grants, loans and tax breaks for passenger and cargo carriers.


Air travel is unlikely to recover in full soon, but airline stocks could continue to climb as the risk of bankruptcies and liquidity concerns fade. Two airlines in particular benefited as a result of the Senate passing a $2 trillion stimulus bill - American and United.

Wall Street’s Fastest Mover

Futures are down about one percent to kick off premarket trading, although volatility may increase intraday as traders may be bracing for a record surge in jobless claims, a number which spiked the millions according to financial analyst Patti Domm of Market Insider.

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