Investor Thoughts

Another 2.1 million Americans filed for unemployment claims last week, bringing the 10-week total to over 40 million. Although the S&P 500 finished up 4.5% in May, the VIX rebound back above 30. [more]

Put and Call Options shifts to “Extreme Greed” and Market Momentum & Junk Bond Demand shift from “Extreme Fear” to “Fear” to help move the Index to Neutral. [more]

A good week for the S&P 500 but the VIX remains in the “High Volatility” range and new coronavirus cases remain steady, above 20K/day, with another 2.2 million Americans filing for unemployment claims. [more]

The Federal Reserve and the Treasury Secretary announce new extensive measures to support the economy, which brings comments from Duquesne Family Office, Blackrock, Miller Value Partners, The Leuthold Group, and Appaloosa Management. [more]

Lorimer Wilson from MunKNEE.com summarizes former Federal Reserve Chairman Ben Bernanke’s 2016 article about Pros & Cons of negative interest rates. [more]

This week Facebook published a “State of Small Business” Report based on a survey of 86,000 owners, managers and workers in companies across the US with fewer than 500 employees. The report is a “sobering snapshot” of the struggles that Small Businesses are facing today amid the COVID-19 crisis. [more]

Index is stuck in “fear” for sixth straight week and reverses trend, away from Greed and towards Extreme Fear as Market Volatility & Stock Price Breadth shift to Fear, and Junk Bond Demand shifts to Extreme Fear. [more]

Airlines tighten belts to cut expenses as revenue plummets; Casinos bide their time until they can re-open; and Concert Facilities & Sporting Events go silent. [more]