New Lows
4,422 cases were reported yesterday, a pandemic low, and 7,782 on Saturday. We are fast approaching well under 10,000 per day, Fauci’s baseline for “normal.”
“Oil About The Benjamin”: Oil Hits 3 Year High As BofA Now Sees Spike To $100
https://www.zerohedge.com/commodities/oil-about-benjamin-oil-hits-3-year-high-bofa-now-sees-spike-100 source: ZeroHedge
OIH
Bouncing off of near term support.
Big Jump in Corporate Capex Coming?
“Looking forward, we should expect capex growth to surge based on the leading indicators and the macro/thematic backdrop.”
COST
Tight range and approaching all time highs again.
Mastercard Moving Well
Shares of Mastercard have been hemmed in by its 50D moving average since early May.
Safe and Effective
Here’s the FDA definition of “safe and effective.”
Numbers, Just Numbers
Here’s the CDC’s own Numbers from their Website! 78% of the deaths were people who were obese & averaging 2.9 comorbidities.
Sunday Night Futures
Areas of support which the Dow may eventually test. The lower of the two is near the 200 Day. That would make for a nice summer haircut. Our Managed Accounts LPAM Tactical Opportunity Strategy remains overweight energy.