Congress comes back this week after a 2 week break. Discussions expected this week for another stimulus to help individuals and businesses affected by the pandemic.
Covid-19 infections and death continue to rise in the US. Over 140,000 people are dead from this infection. Major pharmaceutical companies Johnson & Johnson, Merck, Pfizer, Moderna & Aztrazaneca are set to testify in front of congress regarding their work in developing a vaccine for Covid-19.
Earnings seasons continues this week. Some noteworthy companies are listed below.
| Date | Tickers |
| 20-Jul-20 | Halliburton (HAL), IBM |
| 21-Jul-20 | UBS, United Airlines (UAL) |
| 22-Jul-20 | Chipotle (CMG), Tesla (TSLA) |
| 23-Jul-20 | American Airlines (AAL), Cintas (CTAS) |
| 24-Jul-20 | Verizon (VZ), American Express Company (AXP) |
The following is a list of stocks for the week of Jul 13, 2020 – Jul 17, 2020 that show bullish and bearish trends.
The bullish matches – Oversold RSI
| Ticker | Company Name | Date | Chart Type | RSI |
| JCOM | J2 Global Communications | Jul 14, 2020 | Harami | 24.15 |
The bearish matches – Overbought RSI
| Ticker | Company Name | Date | Chart Type | RSI |
| HLF | Herbalife | Jul 14, 2020 | Hanging Man | 71.27 |
| PKI | Perkin Elmer | Jul 16, 2020 | Hanging Man | 70.55 |
| RUN | Sunrun Inc. | Jul 17, 2020 | Deliberation | 89.8 |