Market Review: July 01, 2020

-The promotion in South America grows on the first commercial day of the month, and then in the quarter, the maximum of the processing data (ISM), the maximum of 14 months, the promotion of the COVID-19 test of Pfizer, part of Dow. The news, the pharmaceutical manufacturing partner, and such a background, in fact, the labor Bazaar continued to improve last month. After that, the promotion for more than 20 years has fueled cruel help from the Federal Reserve and has established the best quarterly result s-the rapid recovery of the system and financial energy is, for example, the promotion, for example. In a position, we started a new quarter, as it was completed. Software and Internet companies have continued their personal starts (FB later cost almost all the costs of their own platforms), and quas i-industry companies yesterday about the MU / XLNX contract. I came to the main rise. The transportation company lost its own position as a whole, and did not pay attention to the rise of FDX, which was raised in the background, and airlines and railway workers could not deduct premature rise. The increase in the number of COVID-19 illnesses in more than a dozen states in the United States (Texas and Arizona) have been over-concerned in the third quarter, but have not yet been apparent. The third quarter

-Sholonavirus trends: The number of patients with colonavirus infections in Florida increased by 6. 563 to 158. 997, and the number of Civid 19 infection patients in Florida was the previous 7-day average indicator 5, 5,. It increased by 4, 3 % to 5, 5. 7 %. New York has stopped renewing a close d-room restaurant, which will be resumed on July 6, following New Jersey. Arizona's Coronavirus infected persons have increased by 4877 to 8, 4092 on Wednesdays, the largest day since the pandemic began. In California, the record of fresh cases of microorganisms is 9. 740, actually 4, 4 % higher than one day ago, and the number of Cobid-19 positive cases is 232. Apple has announced that it will block more 30 stores the next day and will be 77 consecutive stores. Georgia, Tennessee, North Carolina, and Alaska's highest microorganisms.

- ADP reported that US nonfarm payrolls rose to 2. 37 million in June, but the pace of job recovery slowed compared to May (also below expectations of 2. 9 million). June data showed a slowdown in the pace of growth in creative space, with the May reading revised upward to 3. 07 million spaces from an initial forecast o f-2. 76 million spaces.

- The US ISM manufacturing index business vigor rose to 52 in June, 6 (the highest reading in April 2019) from 49. 8, for example, how creative grew to 57. 49. 8, for example, how creation has grown, to 57, 3 against 33. 2, the maximum significance since November 2018, new claims age to 56, 4 in contrast to 31, 8, the maximum significance as of January 2019, employment has grown to 42, 1 against 32. 1.

-June manufacturing PMI index was 49. 8 against flash factor 49. 6, 39 against May final significance 39, 8, June manufacturing PMI index was 47 against flash factor 47. 8, 5, May final significance 34. 4.

- American construction costs suddenly fell in May, but it was actually caused by a drop in the cost of civil system planning. According to the Commerce Department, construction costs fell 2% against a 1% increase. The April data was revised slightly, and in fact, it turned out that construction costs had fallen by 3. 5%, not the 2. 9% previously reported.

- Oil costs grow along with the promotion market: WTI crude oil prices rose 55 cents (1. 4%) to $39. 82, then issued bullish data for the week: EIA said that more important than the forecast was the drop in supply o f-7. 2 million barrels, following a week-on-week drop o f-7. 2 million barrels posted by API until the other day. EIA announced in the afternoon a drop o f-7 million barrels, followed by a drop of more than 8 million barrels in weekly supply by API until the other day.

- Gold prices fell $20. 60 cents (1%) to $1. 779. 90 per ration, reaching their highest value since 2011 of $1. 800 per ounce. There is optimism as the US economy recovers sooner than expected, but rising coronavirus cases and trade difficulties with China are keeping gold costs up, along with a weakening US Bucks.

- 10-year Treasury yields approached 0. 7% and then fell. Financials were approved given the strong ISM data and mixed data on personal wages. The market is still focused on headlines such as coronavirus infections, states' intentions to reopen work, and hopes for vaccine developments. USA Bucks did not heed the best data, dropping a minimum at the end of the day, and after declining for the euro and pound, the best data for PMI - indexes behind overnight.

10-year Treasury

Industry announcements

-Resaling: CPRI promoted at 11C for a comparison with monitoring, in the fourth quarter, $ 1. 1 billion ($ 1. 34 billion in the previous year). 14c and $ 1, 12 billion, and about 70 %, the decrease in salvage in the first quarter and the major damage in the first quarter (Michael-Course sales collapsed to $ 4 % $ 8. 7. 2 billion. -Quarterly); Macy's (M) has proved to have failed with a decrease in sales by 45 % or more to $ 3 and a $ 3, $ 5 billion volume. 02B basically matches this company and did not give a new engagement, but is waiting for a gradual recovery of sales; He stated that he was launching a ROKU platform to do; SWBI, RGR, SPWH, and VSTO were subsequently functional (solar, sporting supplies) 3, 9. 31 million small stamps. Established, actually higher than 3, 091 million in May, higher than 2. 312 meters on the stage.

-GIS reports that the fourth quarter promotional and implementation effects exceeded the monitor, but in fact, the difference in the calendar and the demand in the fourth quarter of the 20th year was significant in 2021. It is said that it will lead to a significant decrease in no n-successful sales in the quarter; BYND rises with the cooperation with Baba to resell the company's plant burger at the FRESHIPPO shop in Shanghai/ Beyond Meat on July 4th. Start making reservations for our products at the Freshippo shop; STZ has dropped shadows in the first quarter of profit rating, and COVID-19 actually slowed down beer structure in Mexico, but in the third quarter it was the normal level. It is thought to return; beer and alcohol (BUD, SAM, TAP), restaurants (DRI, EAT, TXRH, CAK E), and in Virginia and Delaware, the bars still stall and delay their intentions to open. It is delayed; DENN 8m, a promotion from the secondary conflict, is estimated to be $ 9. 15

-TM deployed 148. 280 units in June, and sales in North America fell 26, 7 % yea r-o n-year in June. For example, 148. 280 units in June, sales in North America. , In June, fell 26, 7 % yea r-o n-year, for example, 148. 280 units were deployed in June, and sales in North America decreased by 7, 3 % yea r-o n-year in June, for example, HMC cars. The sales volume decreased b y-15, 5 % year-on-year in June, and the HMC car sales were dow n-7, 3 % year-on-year in June, and the HMC car sales volume was June the previous year. It fell-o n-15, 5 % year-on-year.

-Casino and entertainment; Wynn, MGM, MLCO, Macau's GGR in June of the last year decreased 97. 0 % yea r-o n-year, $ 716 million, announced by the Gambling Inspection Adjustment Bureau (Macau GGR from the beginning of the year is 2019 Compared to the level, 77, 4 % decreased 33. 7 billion Patar), the pen, a large sports data and a content provider, SPORTRADAR, and a partnership to use NFL's official data at the company's sports rate. DKNG has launched overweight and $ 52 TGT in Stevens, based on the concept that Bazar, an artificially addressed American online sport, is large and hardly controlled.

-For example, the soundastast has raised the rating of NOG to "buying", but this is because NOG is a company that does not borrow, and it is because it is judged that it will work positively in the current unstable energy environment. Yes; Oxy extends the order of the field in Colorado and Wyoming, and the order for resale of the required fossils from this day to July 8; Goldman Sachs are the quarterly profits published at the end of this month. The pr e-government has approved the evaluation of "buying" CVX, COP and "Selling" X OM (cost forecast decreases from $ 44 to $ 42).

-Public interest business; Goldman Sachs reduced CWEN rating from "buying" to "neutral", excluded "conviction" from the list on behalf of NEP; JP Morgan raised SR rating from UW to "neutral". ( Up and increase the profit forecast after adjusting for the 2020 period of 2020 7, 20- $ 7, 80 ° $ 6, 70- $ 7. 50.

-Money and loan of consumers; PYPL reached another historic maximum value and continued to benefit from non-cash operations in the Pandemic COVID-19; SQ again received another increase from experts. Rosen Brat, Rosen Brat, believes that a very high concern for NTM's EPS animators actually leads to what to do with the trader to miss the coordination shot, and "buy" $ 121. I raised the evaluation; Kure was raised to "buying" in Northland: Martha's cover and April not paying attention to the fact that it was not easy for WU: Transactions are 30. It fell below % g / g and 21 % G / g.~30 % g/g and 21 % g/g, and they believe that the transactions have recovered more than expected: in May, the decline was only 7 % g/g, and this momentum was this momentum. It continued until June.

-In the IBKR, the average daily transaction amount (Dart) in June was $ 1, 862 thousand dollars, an increase of 131 % yea r-o n-year, 13 % from the previous year. According to IBKR, the average daily income (Dart) held in June was 1, 862, 000, up 131 % yea r-o n-year, up 13 % from the previous year. The number of customer accounts was 876, 000, an increase of 36 % yea r-o n-year, up 4 % from the previous year.

-Reits; REIT's promotion that creates a house for the elderly is ahead of expectations, but Morgan Stanley has expressed his attention in many states in many cases, in connection with the increase in the number of COVID-19 illnesses. He pointed out that the elderly home for the elderly was a microorganism stretcher injury that had increased mortality among the elderly due to an increase in mortality. The company pointed out that repeated inventions of the elderly home for fresh residents have definitely helped with sector, but increasing the incidence of illness could have a bad effect. MS is a smaller in the United States, which calls microorganisms Epicentals, -Texas, Florida, California and AZ, and SNRs are exposed to higher risk following the footsteps of well and VT R-Report. According to the peak.

-Bntx reported that the COVID-19 vaccine, jointly developed with PFE, had a powerful immune response in a human injury test. MNOV's promotion grows at the stage of research order of fresh products (Ind) MN-166 to prevent acute respiratory mandate syndrome (ARDS), as adopted by the FDA; $ 4, 00. The secondary arrangement of 17, 5 million chima promotion at cost; GBT has been increased to 11 % following the increase in Goldman's evaluation.

-Biotechnology driver; AKRO Promotion later "second and clinical trial endpoints of phase 2A, a phase 2A (popular AKR-001) for non-alcoholic fat hepatitis (Nazh) patients." Jum p-up; CRSP 6, the second value of $ 70 million, the second value of $ 428, the AMGN won the emblem patent appeal.

-A medical device, honey supply and provider; Ban k-The United States raises its CRL -"buying" from "neutral" to "buying", and TGT is actually evolving that commercial trends have evolved more than expected. In terms of $ 192, CDM O-Promotion jumped off from a quarterly result release.

-The transport; FDX is actually 53, more than a $ 1 and 58 consensus forecast, which was found to be much stronger than the monitoring of $ 2 or 20 % of the promotional profit in 20 years. Expressing the facts, it turned out that the margin of the ground and Express transmission was something other forecast, so the boost was attributed to the development of the vehicle; YRC W-Promotion, then the company is actually the company. It grows as if the Kairs Law declared that the United States was waiting for a $ 700 million loan.

-The airline's promotion is expanding in the background of the hopes for microorganisms-19 vaccines. UAL also announced that it would add nearly 25. 000 flights to the August schedule. In this way, the airline's schedule will be 40 % of the August 2019 schedule. United Airlines is planning to operate 58 % of the company's 2019 schedule for 30 % in July, and at the international line level, 16 % in July and 25 % of its August schedule. I expect it.

Technology, media, telecommunications

-Online and semiconductor; Philie semiconductor (SOX) index has declined, failing to about 2000 for the past two days, canceled yesterda y-Fixing profits is now related to XLNX, MU, profit/ forecast. However, it is the power of the subsequent publishing section of the highest prediction section. FB is actually a recent rollback of the whole recent rollback with a boycott on a platform by 10 companies, and the promotion is 4 %. It is increasing

- Software Driver SAIL hit a new record high after Goldman Sachs upgraded it to buy from sell, saying the company is poised to meet enterprise demand for a more streamlined, automated approach to enabling and managing digital identity and access; KeyBank raised its price estimates for TEAM ($201 from $163), LPSN ($48 from $38), and FIVN ($130 from $102), raising forecasts amid growing confidence in the outlook for collaboration and next-generation contact center software; KeyBank also gave COUP, PLAN, and BL "above average" ratings as it sees encouraging signs that WFH trends may highlight the limitations of bulky on-premise systems and accelerate demand for cloud systems. - CMCSA upgraded to Outperform by Bernstein, CCOI upgraded to Buy by Suntrust: Media giant DIS shares rise as the market as a whole boosts vaccine hopes.

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