LEM20 Live Cattle Jun '20

Meats are starting to look like they may have formed a bottom. Live Cattle price firming up above 8525, currently above two EMA's, and RSI crossed above 50, ADX just crossed.

HGN20 High Grade Copper Jul '20

Copper broke through upward trendline from low, price is below all 3 EMA's, and RSI just broke below 50.

CG Carlyle Group

CG Carlyle Group stock pulled back to the 200dma then dropped again, trendline break and RSI are confirming move down.

KMX Carmax Inc

KMX Carmax stock pulled back 63% from the bottom, a full Fibonacci retracement, and watching the moving averages and RSI looks like it may want to drop back down.

Canadian Real Estate Prices Could Drop Up To 30%, Moody’s Advises Institutions

One of the world’s largest risk advisory firms says Canadian real estate won’t be spared. Moody’s Analytics released their Canadian Q2 forecast, showing how COVID-19 will impact the Canadian economy. The firm advised their institutional clients that real estate will be impacted, with even an optimistic scenario showing price declines.

Risk Assumptions and Baselines

First, a quick note for non-analysts on the basics of assumptions and baselines. Analysts take a snapshot of environmental variables, and then create a baseline forecast. The baseline is a reasonable assumption of what would happen, if everything went as expected from today. From there, they have various impact scenarios that are based on any increase of risk.  (more)

Mining Stock Daily Mining Stock Daily : Is Market Sentiment Overly Optimistic?

Rob Sinn @ceotechnician joins us once again to give us some reason to be concerned about the optimism in the overall markets today and this week. Rob also shares some thoughts on specific junior companies, including Great Bear, Westhaven and Minera Alamos.

WTRH Waitr Holdings Inc