From Inside Training Camp Live: Maxx Crosby leads a reworked #Raiders defense, just as he always has. Talking over practice with @RealMikeRob and @RhettNFL.
$NIO setting up as a good long. Tested the 20 SMA twice and showed strength. Coiling pretty tight now with consistent volume. Best case scenario is a red open that goes green (15m), breaks above and I'm long.
The path of least resistance for yields is higher but what happens if there is a sudden deflationary shock and a record number of 30Y shorts scramble to cover.
$AMZN | Amazon Q2 20 Earnings:
- Net Sales: $88.9B (exp $81.24B)
- EPS: $10.30 (exp $1.46)
- Sees Q3 Net Sales $87.0B To $93.0B (exp $86.51B)
- Created Over 175,000 New Jobs Since March
The world's richest people poured billions into stocks at the start of the coronavirus crisis, but now they're looking elsewhere to make their money https://t.co/KScFdFwuus
$WFC | Wells Fargo Q2 20 Earnings:
- Revenue $17.84B, -17% Y/Y
- Reports First Quarterly Loss Since 2008
- To Cut Quarterly Dividend To $0.10 From $0.51 (exp $0.20)