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Stock impact report

Why markets won’t retest March lows (and two TSX stocks to buy for these unsettling times) [Toronto Globe and Mail (Ontario, Canada)]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Why markets won’t retest March lows (and two TSX stocks to buy for these unsettling times) Could we retest the March lows? This is the key question on investors’ minds and a concern that’s been keeping many conservative buyers on the sidelines. Earlier this week, Bank of America’s Global Fund Manager Survey for the month of April revealed that fund managers have increased their cash positions to 5.9 per cent, the highest level since the 9/11 terrorist attacks occurred. And it’s not just institutional money managers who are cautious; individual investors are also wary of the recent relief rally in equity markets. According to sentiment data from the American Association of Individual Investors released last week, nearly half of investors – 45 per cent – are bearish, well above the historical average of 31 per cent. Worries include the depth of the recession, the speed of a recovery and the possibility of a second coronavirus outbreak occurring as people return to work and their daily a Show less Read more
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