‘Further Gains Ahead’: Stock Market Update For The Week Ahead, , on October 25, 2020 at 10:37 pm

By ILP
On 10/25/2020
In Financial News
Tags:

The Past Week, In A Nutshell What Happened: Last week ended negative alongside mixed messaging on stimulus.Remember This: “Markets have come a long way since the March lows, but we believe there may be more room for stocks to run,” said Jeff Buchbinder, Equity Strategist for LPL Financial.”Given the impressive economic recovery to date and improving underlying technical and fundamental conditions, we think small cap stocks in particular may have attractive growth potential. Despite election and COVID-19-related risks, we see further gains ahead.”View more earnings on SPYPictured: Profile chart of the Micro E-mini S&P 500 FuturesTechnical Broad-market equity indices ended the week lower with the S&P 500 retracing nearly 40% of the rally that began after the September sell-off.During Last Week’s Action: Alongside waning fiscal stimulus hopes, U.S. index products failed to show continued confidence to explore higher.Instead, as the week progressed, House Speaker Nancy Pelosi walked back her deadline for a fiscal stimulus deal. After an initial drop on Monday, equity indices remained range-bound until Thursday’s session saw responsive buyers establish an excess low at the conjunction of multiple visual references. The buying continued into Friday’s close, at the high-end of the weekly range.Overall, the market’s failure to range-extend, in either direction, is a sign of minimal conviction. Currently, the market is in the thick of an earnings season, elections are nearing, and stimulus talks are off-and-on. Given that the week ended in balance, a clear change in perception will be followed by a successful range extension in either direction. Adding, given Thursday’s responsive buying, there are good odds the market may make another attempt higher, confirmed by follow-through above $3,470 in the S&P 500. If participants were to auction into the $3,406.75 excess low, then the odds of further downside increase substantially.Fundamental In its global weekly commentary, BlackRock Inc (NYSE: BLK) suggested the most recent resurgence of COVID-19 is not a replay of the spring.> “We believe daily new infections are likely a fraction of the peaks then, and rising case counts are having a diminishing negative impact on mobility. The economic restart has been quicker than expected, but the part that remains will be hardest. We do not expect a similarly large hit to economic activity as seen in the spring.”Adding, however, the report noted the economy is facing challenges as the pace of growth begins to slow. Risks to the near-term recovery include fading fiscal stimulus, a prolonged or worsened pandemic, geopolitical tensions, and election complications.Key Events * Monday: Chicago Fed National Activity Index, New Home Sales. * Tuesday: Durable Good Orders, House Price Index, CB Consumer Confidence. * Wednesday: MBA Mortgage Applications, Goods Trade Balance, EIA Cushing Crude Oil Stocks Change, EIA Distillate Stocks Change. * Thursday: GDP Growth Rate, Jobless Claims, Core PCE Prices QoQ, GDP Price Index, Pending Home Sales, PCE Prices QoQ. * Friday: Core PCE Price Index YoY, PCE Price Index YoY, Core PCE Price Index MoM, PCE Price Index MoM, Personal Income MoM, Personal Spending MoM, Michigan Consumer Sentiment Final, Michigan Inflation Expectations Final.Recent News * House Speaker Nancy Pelosi on Sunday said the latest plan for aid is under review. * U.K.’s NHS is preparing to introduce a coronavirus vaccine soon after Christmas. * Commercial real estate, specifically office and lodging, faces the greatest uncertainty. * The economy recovering slowly through October, but some sectors are still struggling. * Policy drive toward the transformation of health insurance poses risk to profitability. * General Motors Co (NYSE: GM) investing $2 billion to build EVs in Tennessee. * Intel Corporation’s (NASDAQ: INTC) sale of memory business a credit positive. * Alphabet Inc (NASDAQ: GOOGL) breakup may be needed to end antitrust violations. * China’s recovery lifted industrial commodities as its economy improved materially. * Lockheed Martin (NYSE: LMT) raised its full-year outlook after a third-quarter beat. * American Express Co (NYSE: AXP) issued a dismal outlook on travel, entertainment. * Unacceptably high unemployment, low rates of resource utilization to rein in yields. * Union Pacific Corp (NYSE: UNP) reported a bigger-than-expected drop in profit. * American Airlines (NASDAQ: AAL), Southwest Airlines (NYSE: LUV) call for aid. * Tesla Inc (NASDAQ: TSLA) released “Full Self Driving” software upgrade to drivers. * AstraZeneca (NASDAQ: AZN), Johnson & Johnson (NYSE: JNJ) resuming trials. * How blank-check acquirers could reshape emerging companies’ roles in markets. * Fintech startups broke apart financial services and now the sector is rebundling. * Texas Instruments Inc’s (NASDAQ: TXN) revenue outperforms, outlook improves. * China banking law changes will improve bank capital and formalize bank resolution. * Business activity rose to a 20-month high as pace of new growth and orders eased. * Courts rule against Uber Technologies (NYSE: UBER), Lyft Inc (NASDAQ: LYFT). * Canada’s annual inflation rate rose in September, as retailer sales growth softened. * FDA has approved Gilead Sciences Inc (NASDAQ: GILD) antiviral drug remdesivir. * Central bank digital currencies would compound current digital disruption for banks. * The 2020 election could permanently change the way the United States does voting. * Pandemic, remote work causes migration to small towns near public lands, resorts. * Almost 60% of mutual fund assets will be ESG by 2025, according to a PwC forecast. * Google Inc’s (NASDAQ: GOOGL) dominance is reflected in search startup funding. * President Vladimir Putin saw no need for global oil producers to change supply. * More companies are offering earnings guidance, signaling adaptation to uncertainty. * The third quarter could be the ‘biggest quarter of growth’ in United States history. * Verizon Communications Inc (NYSE: VZ) beat estimates for its third-quarter profit. * Purdue Pharma LP agreed to plead guilty to criminal charges over prescription opioid. * European Union to cut Canada, Georgia and Tunisia from “white list” travel countries.Key Metrics * Sentiment: 35.7% Bullish, 31.2% Neutral, 33.0% Bearish as of 10/21/2020. * Gamma Exposure: (Trending Lower) 2,051,710,147 as of 10/23/2020. * Dark Pool Index: (Trending Neutral) 40.9% as of 10/23/2020.Cover Photo by Element5 Digital from Pexels.See more from Benzinga * Click here for options trades from Benzinga * ‘Continued Economic Rebound’: Stock Market Update For The Week Ahead * ‘Better Than Expected’: Stock Market Update For The Week Ahead(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.,

'Further Gains Ahead': Stock Market Update For The Week AheadThe Past Week, In A Nutshell What Happened: Last week ended negative alongside mixed messaging on stimulus.Remember This: “Markets have come a long way since the March lows, but we believe there may be more room for stocks to run,” said Jeff Buchbinder, Equity Strategist for LPL Financial.”Given the impressive economic recovery to date and improving underlying technical and fundamental conditions, we think small cap stocks in particular may have attractive growth potential. Despite election and COVID-19-related risks, we see further gains ahead.”View more earnings on SPYPictured: Profile chart of the Micro E-mini S&P 500 FuturesTechnical Broad-market equity indices ended the week lower with the S&P 500 retracing nearly 40% of the rally that began after the September sell-off.During Last Week’s Action: Alongside waning fiscal stimulus hopes, U.S. index products failed to show continued confidence to explore higher.Instead, as the week progressed, House Speaker Nancy Pelosi walked back her deadline for a fiscal stimulus deal. After an initial drop on Monday, equity indices remained range-bound until Thursday’s session saw responsive buyers establish an excess low at the conjunction of multiple visual references. The buying continued into Friday’s close, at the high-end of the weekly range.Overall, the market’s failure to range-extend, in either direction, is a sign of minimal conviction. Currently, the market is in the thick of an earnings season, elections are nearing, and stimulus talks are off-and-on. Given that the week ended in balance, a clear change in perception will be followed by a successful range extension in either direction. Adding, given Thursday’s responsive buying, there are good odds the market may make another attempt higher, confirmed by follow-through above $3,470 in the S&P 500. If participants were to auction into the $3,406.75 excess low, then the odds of further downside increase substantially.Fundamental In its global weekly commentary, BlackRock Inc (NYSE: BLK) suggested the most recent resurgence of COVID-19 is not a replay of the spring.> “We believe daily new infections are likely a fraction of the peaks then, and rising case counts are having a diminishing negative impact on mobility. The economic restart has been quicker than expected, but the part that remains will be hardest. We do not expect a similarly large hit to economic activity as seen in the spring.”Adding, however, the report noted the economy is facing challenges as the pace of growth begins to slow. Risks to the near-term recovery include fading fiscal stimulus, a prolonged or worsened pandemic, geopolitical tensions, and election complications.Key Events * Monday: Chicago Fed National Activity Index, New Home Sales. * Tuesday: Durable Good Orders, House Price Index, CB Consumer Confidence. * Wednesday: MBA Mortgage Applications, Goods Trade Balance, EIA Cushing Crude Oil Stocks Change, EIA Distillate Stocks Change. * Thursday: GDP Growth Rate, Jobless Claims, Core PCE Prices QoQ, GDP Price Index, Pending Home Sales, PCE Prices QoQ. * Friday: Core PCE Price Index YoY, PCE Price Index YoY, Core PCE Price Index MoM, PCE Price Index MoM, Personal Income MoM, Personal Spending MoM, Michigan Consumer Sentiment Final, Michigan Inflation Expectations Final.Recent News * House Speaker Nancy Pelosi on Sunday said the latest plan for aid is under review. * U.K.’s NHS is preparing to introduce a coronavirus vaccine soon after Christmas. * Commercial real estate, specifically office and lodging, faces the greatest uncertainty. * The economy recovering slowly through October, but some sectors are still struggling. * Policy drive toward the transformation of health insurance poses risk to profitability. * General Motors Co (NYSE: GM) investing $2 billion to build EVs in Tennessee. * Intel Corporation’s (NASDAQ: INTC) sale of memory business a credit positive. * Alphabet Inc (NASDAQ: GOOGL) breakup may be needed to end antitrust violations. * China’s recovery lifted industrial commodities as its economy improved materially. * Lockheed Martin (NYSE: LMT) raised its full-year outlook after a third-quarter beat. * American Express Co (NYSE: AXP) issued a dismal outlook on travel, entertainment. * Unacceptably high unemployment, low rates of resource utilization to rein in yields. * Union Pacific Corp (NYSE: UNP) reported a bigger-than-expected drop in profit. * American Airlines (NASDAQ: AAL), Southwest Airlines (NYSE: LUV) call for aid. * Tesla Inc (NASDAQ: TSLA) released “Full Self Driving” software upgrade to drivers. * AstraZeneca (NASDAQ: AZN), Johnson & Johnson (NYSE: JNJ) resuming trials. * How blank-check acquirers could reshape emerging companies’ roles in markets. * Fintech startups broke apart financial services and now the sector is rebundling. * Texas Instruments Inc’s (NASDAQ: TXN) revenue outperforms, outlook improves. * China banking law changes will improve bank capital and formalize bank resolution. * Business activity rose to a 20-month high as pace of new growth and orders eased. * Courts rule against Uber Technologies (NYSE: UBER), Lyft Inc (NASDAQ: LYFT). * Canada’s annual inflation rate rose in September, as retailer sales growth softened. * FDA has approved Gilead Sciences Inc (NASDAQ: GILD) antiviral drug remdesivir. * Central bank digital currencies would compound current digital disruption for banks. * The 2020 election could permanently change the way the United States does voting. * Pandemic, remote work causes migration to small towns near public lands, resorts. * Almost 60% of mutual fund assets will be ESG by 2025, according to a PwC forecast. * Google Inc’s (NASDAQ: GOOGL) dominance is reflected in search startup funding. * President Vladimir Putin saw no need for global oil producers to change supply. * More companies are offering earnings guidance, signaling adaptation to uncertainty. * The third quarter could be the ‘biggest quarter of growth’ in United States history. * Verizon Communications Inc (NYSE: VZ) beat estimates for its third-quarter profit. * Purdue Pharma LP agreed to plead guilty to criminal charges over prescription opioid. * European Union to cut Canada, Georgia and Tunisia from “white list” travel countries.Key Metrics * Sentiment: 35.7% Bullish, 31.2% Neutral, 33.0% Bearish as of 10/21/2020. * Gamma Exposure: (Trending Lower) 2,051,710,147 as of 10/23/2020. * Dark Pool Index: (Trending Neutral) 40.9% as of 10/23/2020.Cover Photo by Element5 Digital from Pexels.See more from Benzinga * Click here for options trades from Benzinga * ‘Continued Economic Rebound’: Stock Market Update For The Week Ahead * ‘Better Than Expected’: Stock Market Update For The Week Ahead(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

,

Contact Us

Please use our Instant Quote form to see if you're pre-qualified for a non-recourse stock loan, or if you have any questions or feedback, please email, call or chat with us.

deals@internationalliquiditypartners.com

+44 20 3994 1588

Headquarters: Hunkins Waterfront Plaza, Charlestown, Nevis

Open 24 hours a day / 7 days a week / 365 days a year

 

 

 

Frequently Asked Questions

What Is Securities-Based Lending?
Securities-based lending, or a stock loan, is the practice of using market investments such as stocks, ETF’s, warrants, bonds, or real estate investment trusts as collateral for a loan.
How much money can I get for my securities?
Borrow up to 80% of the value of your pledged investments giving you the capital you need to expand your business, purchase real estate, or tackle a costly project.
What happens if my securities lose value?
With a non-recourse stock loan, you can walk away from your securities at any time and keep the loan money with no negative credit consequences even if the investments lose value.
Is my information safe with ILP?
We pride ourselves on outstanding service and make client confidentiality our top priority. You can always be absolutely certain your information is safe with us.
How long does it take for the disbursement of funds?
Most of the transactions we process take less than 7 days from application to the disbursement of funds giving you cash quickly when you need it most.
What credit score do I need to qualify?
There are no credit checks or personal guarantees necessary with our services. Your pledged securities are the only collateral required for the loan you receive.

Instant Quote

Please fill out your information to see if you are pre-qualified.

Enter the Stock Symbol.

Select the Exchange.

Select the Type of Security.

Please enter your First Name.

Please enter your Last Name.

Please enter your phone number.

Please enter your Email Address.

Please enter or select the Total Number of Shares you own.

Please enter or select the Desired Loan Amount you are seeking.

Please select the Loan Purpose.

Please select if you are an Officer/Director.

International Liquidity Partners, LLC may only offer certain information to persons who are “Accredited Investors” and/or “Qualified Clients” as those terms are defined under applicable Federal Securities Laws. In order to be an “Accredited Investor” and/or a “Qualified Client”, you must meet the criteria identified in ONE OR MORE of the following categories/paragraphs numbered 1-20 below.

International Liquidity Partners, LLC cannot provide you with any information regarding its Loan Programs or Investment Products unless you meet one or more of the following criteria. Furthermore, Foreign nationals who may be exempt from qualifying as a U.S. Accredited Investor are still required to meet the established criteria, in accordance with International Liquidity Partners, LLC’s internal lending policies. International Liquidity Partners, LLC will not provide information or lend to any individual and/or entity that does not meet one or more of the following criteria:

1) Individual with Net Worth in excess of $1.0 million. A natural person (not an entity) whose net worth, or joint net worth with his or her spouse, at the time of purchase exceeds $1,000,000 USD. (In calculating net worth, you may include your equity in personal property and real estate, including your principal residence, cash, short-term investments, stock and securities. Your inclusion of equity in personal property and real estate should be based on the fair market value of such property less debt secured by such property.)

2) Individual with $200,000 individual Annual Income. A natural person (not an entity) who had individual income of more than $200,000 in each of the preceding two calendar years, and has a reasonable expectation of reaching the same income level in the current year.

3) Individual with $300,000 Joint Annual Income. A natural person (not an entity) who had joint income with his or her spouse in excess of $300,000 in each of the preceding two calendar years, and has a reasonable expectation of reaching the same income level in the current year.

4) Corporations or Partnerships. A corporation, partnership, or similar entity that has in excess of $5 million of assets and was not formed for the specific purpose of acquiring an interest in the Corporation or Partnership.

5) Revocable Trust. A trust that is revocable by its grantors and each of whose grantors is an Accredited Investor as defined in one or more of the other categories/paragraphs numbered herein.

6) Irrevocable Trust. A trust (other than an ERISA plan) that (a)is not revocable by its grantors, (b) has in excess of $5 million of assets, (c) was not formed for the specific purpose of acquiring an interest, and (d) is directed by a person who has such knowledge and experience in financial and business matters that such person is capable of evaluating the merits and risks of an investment in the Trust.

7) IRA or Similar Benefit Plan. An IRA, Keogh or similar benefit plan that covers only a single natural person who is an Accredited Investor, as defined in one or more of the other categories/paragraphs numbered herein.

8) Participant-Directed Employee Benefit Plan Account. A participant-directed employee benefit plan investing at the direction of, and for the account of, a participant who is an Accredited Investor, as that term is defined in one or more of the other categories/paragraphs numbered herein.

9) Other ERISA Plan. An employee benefit plan within the meaning of Title I of the ERISA Act other than a participant-directed plan with total assets in excess of $5 million or for which investment decisions (including the decision to purchase an interest) are made by a bank, registered investment adviser, savings and loan association, or insurance company.

10) Government Benefit Plan. A plan established and maintained by a state, municipality, or any agency of a state or municipality, for the benefit of its employees, with total assets in excess of $5 million.

11) Non-Profit Entity. An organization described in Section 501(c)(3) of the Internal Revenue Code, as amended, with total assets in excess of $5 million (including endowment, annuity and life income funds), as shown by the organization’s most recent audited financial statements.

12) A bank, as defined in Section 3(a)(2) of the Securities Act (whether acting for its own account or in a fiduciary capacity).

13) A savings and loan association or similar institution, as defined in Section 3(a)(5)(A) of the Securities Act (whether acting for its own account or in a fiduciary capacity).

14) A broker-dealer registered under the Exchange Act.

15) An insurance company, as defined in Section 2(13) of the Securities Act.

16) A “business development company,” as defined in Section 2(a)(48) of the Investment Company Act.

17) A small business investment company licensed under Section 301 (c) or (d) of the Small Business Investment Act of 1958.

18) A “private business development company” as defined in Section 202(a)(22) of the Advisers Act.

19) Executive Officer or Director. A natural person who is an executive officer, director or general partner of the Partnership or the General Partner, and is an Accredited Investor as that term is defined in one or more of the categories/paragraphs numbered herein.

20) Entity Owned Entirely By Accredited Investors. A corporation, partnership, private investment company or similar entity each of whose equity owners is a natural person who is an Accredited Investor, as that term is defined in one or more of the categories/paragraphs numbered herein.

Please read the notice above and check the box below to continue.

Nevis Office

Main Street
Hunkins Waterfront Plaza
Charlestown, Nevis

New York Office

Coming Soon!

Follow Us

Market Coverage