As each country, state, city and town remains in its own coronavirus reality, green shoots are emerging as discussions have begun as to when to bring life to each person’s hope. Economic data this week for March and April was, for the most part, more dismal than economists’ expected, including another 5,245,000 initial filings for U.S. . This brings the last four weeks’ total to nearly 22 million. However, with Germany discussing reopening of schools and the United States discussing possibilities of “reopening” some states as early as May 1, traders are hoping for the best. This week watch tech earnings and, more importantly, their guidance. Also, keep an eye on oil, as Russia and Saudi Arabia have indicated they are open to additional cuts.
The , DJIA, , and all closed +/-3% last week, coming back to reality after the previous week’s +10% moves. However, the tech heavy closed nearly +7% in anticipation of company earnings. A few tech giants report earnings this…
