Daily Market Briefing

U.S. Stocks to Likely Pull Back a Bit Again Today

September 18, 2020: (8:30 am pm U.S. Eastern Time): Early morning trading action in U.S. stock futures contracts indicates U.S. stock prices, in general, will pull back a bit again today. However, looking forward, the latest readings on significant economic indicators for the United States suggests that U.S. stocks will trade in a narrow sideways range from now until the November 3, 2020 U.S. elections. Therefore, we're advising persons who subscribe to our financial market research and advisory journals to continue to allocate the majority of their financial market assets to equity securities.

Headline News

September 15-18, 2020

  • Americans became more optimistic during first half of September regarding their personal finances, job prospects and overall outlook for the U.S. economy
  • s' economic sentiment and expectations improved during 
  • U.S. unemployment claims declined during week ended September 12 to lowest level since March 20. 2020
  • New U.S. housing starts declined modestly during August after increasing sharply over three prior months
  • Philadelphia-area manufacturing activity to likely increase for fourth consecutive month during full month of September
  • U.S. retail sales rose for fourth consecutive month during August, albeit at a substantially slower pace than during May and June
  • NAHB Housing Market Index rose during first half of September to highest level since December 1998
  • Federal Reserve Bank of New York's Empire State Manufacturing Index rose for third consecutive month during first half of September
  • U.S. industrial production rose for fourth consecutive month during August
  • United Kingdom's retail sales rose for fourth consecutive month during August
  • China's industrial production rose for fifth consecutive month during August
  • China's retail sales rose modestly during August
  • Japan's exports declined for 21st consecutive month during August
  • Eurozone institutional investors became most optimistic during first half of September regarding near-term future direction of Eurozone economy since February 2004

Significant Developments

U.S. Economic Developments

U.S. Political Developments

U.S. and China Sign Phase One Trade Agreement

01/15/20: President Trump and China’s Vice Premier Liu signed today phase one of a new trade agreement between the United States and China. As part of the agreement, China agreed to increase its imports from the United States to approximately $200 billion annually,...

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Earnings Announcements

International Economic Developments

International Geopolitical Developments

Coronavirus Continues to Spread

02/26/20: The World Health Organization (“WHO”) reported today that approximately 81,109 people worldwide have now been infected with the coronavirus and that approximately 2,760 people worldwide have died from the disease, with 98% of those deaths occurring in China....

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Company and Stock News

July 27, 2020 Company and Stock News

  • Qualcomm (QCOM) announced today the launching of its new smartphone charging device, the Qualcomm® Quick Charge™ 5, which the company stated is the world’s fastest commercial charging technology for Android devices.
  • Group plc (CNWGY) announced that it will begin to re-open its U.S. Regal Cinema theaters on August 21.
  • Roadrunner Transportation (RRTS) announced that it intends to effectuate a spin-off of its Ascent Global Logistics via a stock dividend to the company’s stockholders.
  • Keysight Technologies (KEYS) announced that it’s collaborating with IPG Automotive and Nordsys to design and develop a modular test platform that the companies expect to accelerate the validation of advanced driver-assistance systems (“ADAS”) and functions for autonomous driving.

Stock of Week

Mimecast Limited (MIME)

Mimecast Limited (MIME) is a global provider of cloud-based cyber-attack protection applications for business email, which is the number-one threat to businesses regarding their computer-based data. The company's customers include Barracuda Networks, Alphabet, Microsoft and Symantec Corporation. According to Mimecast’s management, none of the company’s competitors offer the fully-unified and integrated email protection application that it provides.



Composite Fundamental Rating Product Sales & EPS Growth (Qtrly) Profit Margins Financial Liquidity Long-term Debt Institution Buys to Sells
B- A A+ C B- C C

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Investors Monitor 20

Company NameTickerIndustryComposite RatingInvestors Monitor Grade
ProductSales & EPS GrowthProfit MarginsFinancial LiquidityLong-term DebtInstitution Buys to Sells
Alarm.Com HoldingsALRMHome SecurityB-ABCA+CB
Applied OptoelectronicsAAOIFiber OpticsA-A+A+B+A+A+B+
Arista NetworksANETNetwork AppsA+AA+AA+A+A
Control4 CorporationCTRLHome DevicesB-ACCA+A+A
Floor & Décor HoldingsFNDHome FlooringB-AA+CB-C-B+
General ElectricGEConglomerateBAC+B-A+CA
GrubHubGRUBMobile OrdersB+A+AB+A+BC
Malibu BoatsMBUUBoat Mfg.C+ACB-B-C-D
Masimo CorpMASIMedical DevicesA-ABAA+A+B
McDonald'sMCDRestaurantsB-ADAA+DD
Micron Technology MUSemiconductorsA-A+AA+A+A+D
Momo Inc. MOMOSocial MediaA+AA+A+A+A+D
Ollie's Bargain Outlet OLLIDiscount StoresB+B+AB+A+AC+
Qualys QLYSInternet SecurityA-AAB+A+A+C
SolarEdge TechnologiesSEDGSolar PanelsA+AAAA+AA
STMicroelectronicsSTMSemiconductorsB+ABBA+B+B
The Trade DeskTTDAdvertisingB+AAC+A+A+B
WalmartWMTRetail StoresB-A+C+CC+A-C+
Weibo CorporationWBSocial MediaA+AA+A-A+A+A
Winnebago IndustriesWGORV Mfg.C-ACCC+DC

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