That finally tiny tim once crooned tiptoe through the tulips with me but mike khouws tune is about tiptoeing through tips. Lets begin with the Material World that we are living in. Materials making a big comeback in the past few months that has carter eyeing an even bigger rally for the group carter, what are you looking at . Well, in the sense that if one wants to really talk about the whole notion of value growth and what is working and what isnt working, what we do know of course is of the four highly cyclical sectors, materials, energy, industrials and financials, its actually materials that have done the best the first chart is simply looking at those four from the march low, from the markets low. What we see here is that materials are leading the way. Its a small sector, but its an important sector nonetheless look at the second slide what about year to date . Not from the march low, since we began the year everyone is down. While materials are down, albeit barely take a look at
Crooned tiptoe through the tulips with me but mike khouws tune is about tiptoeing through tips. Or treasury inflationary protected securities now try to harmonize with that one. Yeah its time to risk less and make more options actions begins now lets begin with the Material World that we are living in. Materials making a big comeback in the past few months that has carter eyeing an even bigger rally for the group carter, what are you looking at . Well, in the sense that if one wants to really talk about the whole notion of value growth and what is working and what isnt working, what we do know of course is of the four highly cyclical sectors, materials, energy, industrials and financials, its actually materials that have done the best so lets look at a few tables and charts the first chart is simply looking at those four from the march low, from the markets low. What we see here is that materials are leading the way. Its a small sector, but its an important sector nonetheless look at t
This is an interesting situation. There are important clearance signs flashing in the debt and Short Interest of some retailers. B don its time to risk less and make more options action starts right now. Lets get right to it. Next week kicks off a flood of earnings with financials our chart master carter worth says one name in the space is heading for a big bank breakout. Carter, take it away. Obviously very, very important part of the economy, part of the market a the first is a twopanel chart youre looking at the s p 500 Financial Sector on top and the bottom youre looking at its relative performance to the market what is quite remarkable, of course, is that the bottom panel is right at the 2009 lows. So the question is do we bounce here, do we cut through . Independent of that, there is an opportuni opportunity. This is Morgan Stanley its also a twopanel chart. On the top is Morgan Stanley over the last five or six years. What you see is monobegan strgay is not at an alltime high bu
It is a big bet disney is starting off slow with the Magic Kingdom and animal kingdom, two of its five orlando parks with limited capacity. This is a very big deal for disney to start the staged reopening of disney world after closing both of its domestic parks on march 14th. Yesterday it started reopening downtown disney. Thats the outdoor mall by its anaheim park it mandated masks and social distancing there this is an important moment for disney parks and resorts which last year was the largest with Revenue Generating about 35 of revenue in 2019. Its estimated disney lost more than a billion dollars between april and june at those domestic parks because of those closures. The opening of disney world will be a key test of what consumer demand for the parks could look like especially since disneys orlando park sees more traffic from out of state visitors than the california parks which are smaller. Obviously the anaheim park has less guests that stay overnight where orlando has a big
Theres a lot of potential here. And caveat emptor. This is an interesting situation. There are important clearance signs flashing in the debt and Short Interest of some retailers. Its time to risk less and make more options action starts right now. Lets get right to it. Next week kicks off a flood of earnings with financials our chart master carter worth says one name in the space is heading for a big bank breakout. Carter, take it away. Obviously very, very important part of the economy, part of the market the first is a twopanel chart youre looking at the s p 500 Financial Sector on top and the bottom youre looking at its relative performance to the market what is quite remarkable, of course, is that the bottom panel is right at the 2009 lows. So the question is do we bounce here, do we cut through . Independent of that, there is an opportunity. This is Morgan Stanley its also a twopanel chart. On the top is Morgan Stanley over the last five or six years. What you see is Morgan Stanl