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[WA] A hotel security worker has contracted the virus, Premier Mark McGowan has announced

[WA] A hotel security worker has contracted the virus, Premier Mark McGowan has announced

New cases reported in the last 24 hours

  • Local cases:
    • +0 new local cases.
    • As per the media release, the case announced today will be reported in tomorrow’s case numbers, as the result came through following the end of the 24-hour reporting period.
  • Interstate cases:
    • +0 new interstate cases.
  • Overseas cases:
    • +0 new overseas cases.

Other news and information


Cases to date

Last 24 hours TOTAL
Confirmed cases +0 902
Active -3 12
Recovered +3 881
Deaths +0 9
Unknown +0 13
Test results received +519 721,959
Hospitalised +0 0
ICU +0 0

What we know so far about the security guard

  • WA Health today confirmed that a security guard who works at a State Supervised Quarantine Facility (hotel) has been diagnosed with COVID-19.
  • The guard, a man in his 20’s, worked at the Four Points Sheraton Hotel on Tuesday 26 January, Wednesday 27 January, when he could have acquired the infection, and was diagnosed with COVID-19 overnight.
  • This indicates that the guard likely acquired the infection while at the hotel. Exactly how the infection was acquired remains under investigation.
  • He developed symptoms on Thursday 28 January and phoned in sick and did not go to work at the quarantine facility.
  • COVID-19 was detected following the man’s mandatory day seven swab.
  • He had tested negative for COVID-19 on January Friday 15, January Sunday 17 and Saturday January 23.
  • There is a known case of UK B.1.1.7 variant strain in quarantine at the hotel.
  • The man’s immediate household contacts have been contacted, tested and placed in isolation at State managed quarantine facilities to complete a 14-day quarantine period in a quarantine facility. All three have tested negative this morning.
  • 🧬 Gene sequencing is under way and results will be known by Tuesday morning. However, based on the information WA Health have, it appears possible that this new positive case has the highly transmissible new UK variant.
  • McGowan: "I have been in contact with the Prime Minister and my fellow state and territory colleagues to advise them of the situation. I have recommended that they put a stop to any travel into Western Australia as an extra precautionary measure."

Perth, Peel and South West region enters lockdown from 6pm, 31 January 2021

Effective from 6pm tonight until 6pm Friday, 5 February 2021, the Perth metropolitan area, Peel and South West regions will enter a lockdown.
The following restrictions apply for the lockdown period:
  • People should not leave Perth, Peel or the South West during this period
  • People can enter Perth, Peel or the South West only to access or deliver essential health and emergency services and other essential requirements
  • Non-residents currently in Perth, Peel and the South West are required to remain until the end of the restriction period however if you must leave for serious reasons you are to then return home immediately, stay home and get tested if symptoms develop
  • Restaurants and cafes to provide takeaway service only
  • Elective surgery and procedures for categories 2 and 3 will be suspended from Tuesday, 2 February. Category 1 and urgent category 2 surgery will continue
  • No visitors will be allowed in homes unless caring for a vulnerable person or in an emergency
  • No visitors to hospitals or residential aged care and/or disability facilities
  • No weddings permitted
  • Funerals are limited to 10 people
  • Travel remains prohibited within remote Aboriginal communities.
The following facilities in the Perth, Peel and South West regions will need to close:
  • Schools, universities, TAFES and education facilities
  • Pubs, bars and clubs
  • Gyms and indoor sporting venues
  • Playgrounds, skate parks and outdoor recreational facilities
  • Cinemas, entertainment venues, and casinos
  • Large religious gatherings and places of worship
  • Libraries and cultural institutions
People will be required to stay at home unless they need to:
  • work because they can’t work from home or remotely;
  • shop for essentials like groceries, medicine and necessary supplies;
  • medical or health care needs including compassionate requirements and looking after the vulnerable; and
  • exercise within their neighbourhood, but only with one other person and only for one hour per day.
The lockdown has been introduced due to the detection of a positive COVID-19 case in a hotel quarantine worker. The case has been to the following locations and people who were at these venues on these dates must go get tested. In addition to the below sites, people who live or work in the Falkirk Avenue Maylands shopping centre precinct should present for a test.
https://preview.redd.it/x0wko3jtdqe61.jpg?width=892&format=pjpg&auto=webp&s=3100eac9e3272f2cb42dd37bff9951ed4d36fc26

Locations visited by confirmed case


Location Type Date of concern Time of concern
MaylandsColes - Caledonian Ave and Guildford Rd, Maylands WA 6051 Supermarket 25/01/2021 8.00 pm to 10.00 pm
MaylandsKentucky Fried Chicken - 209 Guildford Rd, Maylands WA 6051 Hospitality 27/01/2021 6.00 pm to 12 midnight
MidlandMitsubishi Motors -161 Great Eastern Highway, Midland WA 6056 Car dealership 27/01/2021 7.00 pm to close
MorleySpudshed - Coventry Village, 243-253 Walter Rd W, Morley WA 6062 Supermarket 27/01/2021 8.00 pm to midnight
PerthArena Convenience Store (Grab N Go) 3/69 Milligan Street, Perth WA 6000 Supermarket 27/01/2021 2.00 pm to 3.00 pm
JoondalupEdith Cowan University - 270 Joondalup Drive WA 6027 Building 31 University 28/01/2021 11.00 am to 2.00 pm
PerthVFS Global Indian Visa Services - L1, 195 Adelaide Tce, East Perth WA Commercial 28/01/2021 12.30 pm to 3.00 pm
CloverdaleHalal Grocery Store - 8/224 Belmont Ave, Cloverdale WA 6105 Supermarket 28/01/2021 7.00 pm to 9.00 pm
MaylandsVenus Ladies and Gentleman Hair Design - Maylands Park 238 Guilford Rd Maylands 6051 Hairdressers 29/01/2021 1.00 pm to 3.00 pm
PerthPerth Convention Centre - Perth WA 6000 Conference Centre 29/01/2021 4.00 pm to 6.00 pm
NedlandsNedlands Family Practice - Broadway Fair Shopping Centre, 9/88 Broadway, Nedlands WA 6009 GP surgery 29/01/2021 5.00 pm to 6.00 pm
North PerthChemist Warehouse - 412 Fitzgerald St, North Perth WA 6006 Pharmacy 29/01/2021 5.30 pm to 7.30 pm
Ascot7-Eleven - 194 Great Eastern Hwy, Ascot WA Petrol station 29/01/2021 8.00 pm to 9.00 pm
MaylandsColes - Caledonian Ave and Guildford Rd, Maylands WA 6051 Supermarket 29/01/2021 8.00 pm to 9.00pm
Burswood Puma Service Station - 265 Great Easter Hwy, Burswood WA Petrol station 30/01/2021 11.00 am to 12.00 pm
CloverdaleColes Express/shell service station - Wright St &, Belmont Ave, Cloverdale WA 6105 Petrol station 30/01/2021 12.00 pm to 1.00 pm
MaylandsPharmacy 777 - Maylands Park Shopping Centre 3, 238 Guildford Rd, Maylands WA 6051 Pharmacy 30/01/2021 2.30 pm to 4.00 pm


submitted by Stoaticor to CoronavirusDownunder [link] [comments]

Unpopular opinion: Online should be advanced to 1911-1914

Unpopular opinion: Online should be advanced to 1911-1914
Okay, we are done with clickbait title and can start to talk now. Soo, why would I think that online needs to be advanced? Short answer Mexico, Buildings, Economy, and longer answer well, its more complicated.
First of all I think it would be really wise for Rockstar and TakeTwo to release Red Dead Redemption 1 Remake on RDR2 engine, most of the work with New Austin and Blackwater area are already done, its all just needs a bit refreshing( Well, in terms of tumbleweed more like a burial ), It could be done as standalone or as big DLC to RDR2 ( Specially since a lot of people asking for a remake, also PC never got first game ). This way we would get a RDR Online that's " up to date " with a Remake and will utilize complete RDR world map. Also as a bonus RDR map of 1911-1914 map has more buildings and most importantly ranches. Lets be honest, they would never add new ranches to 1898 map, just for them " magically " go out of existence in 1899 map and 1907 epilogue. ( Even GTA did not do that and advanced their timeline up to date with all new content updates ).
Few examples of added buildings in epilogue 1907 ( Credit to Noru122 yt channel )
https://preview.redd.it/vure1iqjgnb61.png?width=1267&format=png&auto=webp&s=0c0115259124eb137d4bb8f1090229dc4c35df76
https://preview.redd.it/haxpqbopgnb61.png?width=1262&format=png&auto=webp&s=de4d58b6447356c29a72821d8ac927be5ba2d69f
https://preview.redd.it/m33kg1zxgnb61.png?width=1265&format=png&auto=webp&s=68181b338e625a7900b15d3aa2960eef8ebfee4f
With bunch of small houses, changes within whole map. Doubt all of that should be " ignored " and not used by players.
Lets now speak of heists, bunch of people at least. Well, lets think from TakeTwo perspective, why would you add heists if your players are not spending their money/gold? Look, there nothing expensive to buy, a lot of players are sitting on hundreds of thousands of cash, hundreds of gold even now. How they gonna encourage people to buy gold bars if they have a stockpile now? ( Yes, all these nerfs to income for cash and gold are directly were aimed at new players ) And for old players, how we gonna be asked spend them? What they gonna add? A pair of jeans for 5000 dollars? An horse for 300 gold? Or its going to be like in GTA Online, where car performs same way as old car for 20-50k but now costs 1-2 million. They need bigger window for implementation of content, " cage " of being set 1 year before singleplayer is choking potential to add anything major, since it will be illogical to exist a year before and then vanish without a trace. Game needs money sinks before economy will get completely destroyed.
Like I already said, even epilogue adds new buildings in free roam, which means more variety to be utilized for content, also after main events so places are now vacant or unused, they can also be utilized. Second, why not use ideas of GTA Online that work? ( For incoming jokes of Mk2 Oppressors, yeah-yeah you are unique and completely fresh ). Example would be yacht, in GTA its mosty flex unit and has no practicality, but it serves a good money dump, so why not add, lets say
https://preview.redd.it/iuz2nuhllnb61.png?width=1800&format=png&auto=webp&s=6b010d2e7fef30e7a52701f28c5eed04b259ad9a
It would be basically copy-paste idea of GTA, but in future maybe we could be " expansion " for it, like done some inner area into planning room to stage a heist on Guarma, since there was basically a war, its a good opportunity to rob the place.
What else?
https://preview.redd.it/zvt53ra3mnb61.png?width=1920&format=png&auto=webp&s=994295152a07870084dd87d138b7fbbee60b33c3
Remember this guys? Why not utilize them in same way GTA had import/export warehouse? Basically we invest in them and buy a property where we could do a " requested " collection or separate number of horses, stagecoaches and etc to steal, store and sale. Maybe expansion for moonshiner where we could buy our own saloon with illegal poker, blackjack tables? Maybe counterfeit cash business? Tabaco production? Wagon upgrades as more/better horses, adding new wheels and etc? Even more customization for everything including ranches and houses, mansions. Maybe same approach as GTA casino penthouse, where you buy separate rooms and spend ton of cash for individual items to decorate. Copying GTA ideas is not bad, if done correctly and taken only good ones, while leaving crazy stuff aside.
There are so many things that could be added if the game did not have those shackles on " pre epilogue " map.
( And for love of everything that is holy, Blackwater NEEDs a gunsmith ) END ------------------- --------------------- --------------------- --------------------- ---------------------
submitted by SunArau to RedDeadOnline [link] [comments]

Cayo Perico / End of 2020 De-Brief

Hello everyone, happy new year!
With recent release of Cayo Perico but not much else I wanted to touch base with the community holding out for GTA Online in Liberty City or Vice City, and debrief from the Cayo Perico DLC.
Even though Cayo Perico came out unexpectedly (to us), it is a small but welcome addition to the GTA Online world.
I believe that we still have reason to cling onto hope that that Liberty City will sooner rather than later, and Cayo Perico is a stepping stone to that demonstrating the map expansions are possible.
While I no longer think that we will see a remastered city come this generation of console, but we still have GTA V "Expanded and Enhanced" coming in 2021 which may have much more than just GTA V itself.

Reasons why I think that GTA V "Expanded and Enhanced" is more than just GTA V with updated graphics

  1. GTA V XB1 & PS4 versions already work fine in XBSX/XBSS/PS5. It looks and runs great, similar to a PC level of detail/performance. Why would a significant update be needed if it will be much the same if they didn't have big plans on top of that?
  2. Cayo Perico proves that Rockstar's idea of "Expanded" can mean land expansion
  3. Cayo Perico sounds like it was more a like a side project during COVID-19 WFH than something in the works for a long time. It is not unreasonable to think that Rockstar, with all their global studios now merged together, haven't been working on something big since the bulk of RDR2 was finished.
Source: https://www.gq-magazine.co.uk/culture/article/gta-online-cayo-perico-heist
  1. Why are they being so vague about the details, even to go as far as using a PS3 trailer for it... are they doing this because they are hiding something? Even being so far to be anticlimactic to take off the pressure from fans, and surprise us later.
What Cyberpunk 2077 has taught the overall gaming community lately is what happens when you overpromise and underdeliver. However Rockstar already learnt this lesson back in 2015 when they promised Heists in GTA Online, which kept being reworked and delayed until near the end of the PS3/360 generation and copped a lot of criticism for it.
Basically every social media comment was "Where are the Heists", fans were frustrated. From that time onwards they never released details until about 2 weeks out from launch for a DLC. RDR2 was a bit longer, but only because they had other partners to consider. For this they originally gave it 1 year from announcement to release date, but it was delayed to 2 years, with PC one more year after that (which also wasn't even announced until one month before that).
Here is a quote about what went wrong with Heists:
We aren’t ready to give an official release date yet, but we are confident they will be ready early in 2015. As you may have read on IGN, Heists were a much bigger challenge to create than we had originally anticipated. Early versions were simply not good enough and had to be scrapped more than once as we honed in on how we thought they should work. We’re happy to say that the pack we are now finalizing is something we are excited by and eager to release as soon as it is ready. We, as a company, have always been about trying to make something that is good rather than hitting a date. We apologize when this gets frustrating but firmly believe that rushing out second-rate content does not do anyone any favors. Hopefully you agree that yesterday’s new Trailer is a sign that Heists are shaping up nicely, but we still need some time to fine tune them. Because we need a little time to get Heists right, we are going to give you a small Christmas gift to keep you entertained until we are done with them.
Sources:
https://www.rockstargames.com/newswire/article/52366/asked-answered-gtav-first-person-experience-online
https://www.ign.com/articles/2014/12/16/grand-theft-auto-5-online-heists-finally-revealed

Reasons why I think something related to Liberty City is most likely to be the next major GTA Online expansion to come

  1. GTA IV & EFLC is highly regarded as a masterpiece, it's fanbase is still strong - many still prefer it to GTA V for a variety reasons, so it is a good candidate for a remaster. They can always make the GTA IV car physics, ragdoll, etc. come back again, perhaps as a user configurable option. Having the map there is the gateway to bringing these highly valued games back to a new generation.
Their games always start with the map, source: https://www.mcvuk.com/development-news/inside-rockstar-north-part-1-the-vision/
  1. The availability of GTA IV is terrible. It is only a Backwards Compatibility title on Xbox One (non Enhanced), runs like rubbish on PC - performance wise (and multiplayer is now removed), and the PS4 & PS5 doesn't have it at all. Most other GTAs are available for purchase, at least on Mobile.
  2. GTA V is now 7 years old and the GTA fanbase is now bigger than ever thanks to GTA V & Online. A lot of new fans haven't had the opportunity to experience GTA IV because of the above availability issue. The new fans are desperate for a new (to them) GTA game, especially since it doesn't look like GTA6 is coming any time soon. Or maybe I'm wrong and 6 is coming soon as well?
  3. GTA Online is progressively getting new content referencing to Liberty City or content ported from Liberty City (i.e The Tugboat, QUB3D), so they are not above re-using GTA IV assets or dropping hints.
  4. It is clear that they have been taking the "lazy" route as far as making new content for GTA Online DLCs by re-using existing assets. Don't get me wrong there is still a lot of work involved, but still it is less work than starting from scratch.
But it would make sense that they will continue their more recent M.O. to re-use existing assets rather than start from scratch to save time, effort and cost.
  1. With high profile departures of the writers such as Leslie Benzies, Dan Houser & Lazlow there is no doubt going to be a brain drain. I'm sure they were working on stuff before their departures, and I'm sure that RockstaTake-Two with all their billions of dollars will be able to find other top talent to bring GTA into a new era, but this will take time, and they can get things out in the meantime. The story of GTA IV, Map & other assets are already made, so this gives them a head start to put out games while they rediscover their Mojo to make GTA6 using new talent.
  2. GTA Online is a Big Money Maker, it will make the GTA IV & ELFC remaster worth it because the remastered map will be used for both GTA IV & Online: LC (maybe slight map differences according to time period).
  3. Why did they put so much effort into issuing cease and desists to OpenIV team for OpenIV's LCinV project (even though it used original game files, no piracy) if they weren't planning on doing something in this space themselves.
  4. Cayo Perico aside (which is still quite small), Los Santos as the primary setting of GTA Online is still a bit stale after 7 years. They can't use 2013 Los Santos forever, surely. Not to mention that a new GTA release is already well overdue.

GTA IV Music Licensing speculation/hints

A little while back, a lot of music track licenses expired and they were pulled from the PC version, most notably Vladivostok FM was most affected with most songs removed.
They put in some new tracks to replace it, which wasn't quite as good but it seemed like that was as good as it's going to get.
But then they went ahead and relicensed the original tracks anyway so all the music is now restored again (about 16 months after being originally cut).
Why go though all that expense of relicensing all that music if they aren't planning to capitalise on it in a big way?

Cayo Perico speculation/hints

Not much here directly, but I have played with it a little bit.
The way that it's programmed is interesting. As far as I can tell, travel to the island is sharing a session with Free Mode rather than being a different game mode, which you can tell by seeing the player list stay the same as whoever is in the Freemode session you were in. There is no loading of a different game mode, it is just a cut scene. On PC you can even chat to people who are still in Los Santos.
When you look at the map, you are located South-East of LS (just past USS Luxington), and if you move the mouse you can get locations of LS show up, it's just the map itself which is hidden.
There is a glitch you can do to "free roam" the whole Island, or just go to the Beach Party standalone, it is clear that you are in Free Mode of an existing Los Santos based lobby.
When I was glitched, I was able to take a Dinghy back to LS, LS was visible. about halfway there, the whole Cayo Perico just de-spawned similar to how the USS Luxington does, and also the weathenight cycle changed instantly too.
When I was glitched but still on the Island, a whole bunch of functions were disabled like spawning cars, calling contacts, etc.
What this shows me is that perhaps they are experimenting with how integration with Future GTA Maps will look like.
Instead of loading a whole different game, or loading a different game mode, it could be one big Free Mode made up of all locations, the locations can not be directly accessed without triggering a cut scene, and the properties of how a Free Mode works can change depending on what location on the broader map you are in.
One challenge I anticipate is that they wouldn't want GTA$ earned in LS to be transferred to a totally new GTA Online area. It is well known that a lot of it glitched and they'd want us to start getting rich again. They have also been experimented with holding separate currencies such as Arena Points or Casino Chips. I could imagine that they come up with a storyline where all your GTA$ Cash gets deposited into Maze Bank but then can't be withdrawn to cash or moved to another bank, and in LC you are forced to use a competing bank like the Bank of Liberty. Basically LS = only get Maze Bank, LC = only get Bank of Liberty.
Cars/Planes etc. Can be not widely transferable (i.e. You MKII or Babushka holding a car has engine failure mid flight and crashes, or maybe you need to go to the Airport marker on food), and maybe some planes (i.e. Luxor) can enter on a visiting basis via. Cutscene of that vehicle but can't be saved at the destination into a personal hangar.

Final words

I hope this gives some good for thought.
Keep speculating! At least until we get some solid info
Here's to 2021.
submitted by SparkySpider to GTAOnlineLC [link] [comments]

Full list of upcoming games on the Nintendo Switch (US) (Updated 11/7/2020)

Console exclusives (games that are also on PC and/or mobile, but not on other consoles) in Italics. Nintendo exclusives (games that are only on Nintendo platforms) in bold.
For those looking at this list and not sure what's likely to be noteworthy, I have compiled a page for noteworthy releases in November. Please give them a look if you want to see what games are likely to be some of October's highlights!
As for the full list of upcoming games, here you go:
Games Release date Date confirmed by?
Five Dates 11/17/20 Nintendo.com
Mars Horizon 11/17/20 Nintendo.com
Professor Rubik's Brain Fitness 11/17/20 Official Website
Pure Pool 11/17/20 Nintendo.com
Serious Sam Collection 11/17/20 Nintendo.com
Sniper Elite 4 11/17/20 Nintendo.com
Who Wants to Be a Millionaire? 11/17/20 Nintendo.com
Nexoria: Dungeon Rogue Heroes 11/18/20 Nintendo.com
Art Sqool 11/19/20 Nintendo.com
Azurebreak Heroes 11/19/20 Nintendo.com
Brawl Chess 11/19/20 Nintendo.com
Bridge Constructor: The Walking Dead 11/19/20 Nintendo.com
Cake Bash 11/19/20 Nintendo.com
Cape's Escape Game 11/19/20 Nintendo.com
Dreamo 11/19/20 Nintendo.com
Educational Games For Kids 11/19/20 Nintendo.com
Eldrador Creatures 11/19/20 Nintendo.com
Grisaia Phantom Trigger 05 11/19/20 Nintendo.com
Karma Knight 11/19/20 Nintendo.com
Outbreak 11/19/20 Nintendo.com
Party Games: 15 in 1 11/19/20 Nintendo.com
Star Renegades 11/19/20 Official Twitter Post
The Casino -Roulette, Video Poker, Slot Machines, Craps, Baccarat- 11/19/20 Nintendo.com
Captain Sabretooth and the Magic Diamond 11/20/20 Nintendo.com
Fall Gummies 11/20/20 Nintendo.com
Fantasy Friends 11/20/20 Nintendo.com
Hyrule Warriors: Age of Calamity 11/20/20 Nintendo.com
Micetopia 11/20/20 Nintendo.com
Ramp Car Jumping 11/20/20 Nintendo.com
S.N.I.P.E.R. - Hunter Scope 11/20/20 Nintendo.com
2urvive 11/24/20 Nintendo.com
Monster Truck Championship 11/24/20 Nintendo.com
Tracks - Toybox Edition 11/24/20 Nintendo.com
My Aunt is a Witch 11/25/20 Nintendo.com
Out of Space: Couch Edition 11/25/20 Nintendo.com
Maid of Sker 11/26/20 Nintendo.com
QV 11/26/20 Nintendo.com
The Explorer of Night 11/26/20 Nintendo.com
BFF or Die 11/27/20 Nintendo.com
Girabox 11/27/20 Nintendo.com
More Dark 11/27/20 Nintendo.com
Tiny World Racing 11/27/20 Nintendo.com
Death Crown November 2020 Official Trailer
Ruggero Deodato's Cannibal November 2020 Official Website
Chronos: Before the Ashes 12/1/20 Official Twitter Post
Empire of Sin 12/1/20 Nintendo.com
Sam & Max Save the World 12/1/20 Nintendo.com
Shiren the Wanderer: The Tower of Fortune and the Dice of Fate 12/2/20 Nintendo.com
Cybxus Hearts 12/3/20 Nintendo.com
Death Tales 12/3/20 Nintendo.com
Gunpig: Firepower For Hire 12/3/20 Nintendo.com
Immortals Fenyx Rising 12/3/20 Nintendo.com
Morbid: The Seven Acolytes 12/3/20 Nintendo.com
Pretty Princess Party 12/3/20 Nintendo.com
Quiplash 2 InterLASHional: The Say Anything Party Game! 12/3/20 Nintendo.com
Taiko No Tatsujin: Rhythmic Adventure Pack 12/3/20 Official Trailer
Commandos 2 HD Remaster 12/4/20 Nintendo.com
Fire Emblem: Shadow Dragon & The Blade of Light 12/4/20 Nintendo.com
Fitness Boxing 2: Rhythm & Exercise 12/4/20 Nintendo.com
Futoshiki Math 12/4/20 Nintendo.com
John Wick Hex 12/4/20 Nintendo.com
Nine Witches: Family Disruption 12/4/20 Nintendo.com
Steampunk Tower 2 12/4/20 Nintendo.com
Super Space Serpent Secondary Edition 12/4/20 Nintendo.com
Drawn to Life Two Realms 12/7/20 Official Trailer
Lofi Ping Pong 12/8/20 Nintendo.com
Monster Sanctuary 12/8/20 Nintendo.com
Puyo Puyo Tetris 2 12/8/20 Nintendo.com
Accidental Queens Collection 12/10/20 Nintendo.com
Alt-Frequencies 12/10/20 Nintendo.com
Collection of SaGa Final Fantasy Legend 12/15/20 Nintendo.com
Evolution Board Game 12/10/20 Nintendo.com
OctaFight 12/10/20 Nintendo.com
Override 2: Super Mech League December 2020 Official Trailer
Cyanide and Happiness: Freakpocalypse: Part 1 (Timed Console Exclusive) Fall 2020 Nintendo.com
Cyber Shadow Fall 2020 Official Website
Eldest Souls (Timed Console Exclusive) Fall 2020 Nintendo.com
Grindstone Fall 2020 Nintendo.com
PixelJunk Eden 2 Fall 2020 Nintendo.com
Skyforge Fall 2020 Official Trailer
Harvest Moon: One World Autumn 2020 (European Release Date) Nintendo.co.uk
Toy Soldiers HD Autumn 2020 Official Website
Wingspan Autumn 2020 Nintendo.com
Alchemic Cutie Q4 2020 Official Website
Alter Cosmos Q4 2020 Official Website
Circadian City Q4 2020 Announce Trailer
Counter Terrorist Agency Q4 2020 Official Website
Defense Corp Q4 2020 Developer Comment on Reddit
Ever Forward Q4 2020 Official Website
Metal Revolution Q4 2020 Official Announcement on New Game+ Expo Live Stream (via Gematsu)
Train Mechanic Simulator Q4 2020 Official Website
Golden Force Last Quarter 2020 Official Trailer
Clive 'N' Wrench Winter 2020 Official Trailer
B.Ark (Timed Exclusive) Late 2020 Nintendo.com
Beach Buggy Racing 2 Late 2020 Official Website
Dicey Dungeons Late 2020 Nintendo.com
Hoa Late 2020 Wholesome Direct 5-26-2020
Phogs! Late 2020 Nintendo.com
Quantum League Late 2020 Nintendo.com
Signs of the Sojourner Late 2020 Official Trailer
World of Horror Late 2020 Official Twitter Post
Dangerous Driving 2 Holiday 2020 Official Website
King of Seas Holiday 2020 Official Trailer
Scott Pilgrim Vs. The World: The Game Complete Edition Holiday 2020 Official Twitter Post
Speed 3 Grand Prix Holiday 2020 Official Trailer
Aground 2020 Official Website
Astrodogs 2020 Developer post on Reddit
Black Book 2020 Official Trailer
Bladed Fury 2020 Official Twitter Post
Boyfriend Dungeon 2020 Nintendo.com
Breakpoint 2020 Official Twitter Post
Car Mechanic Flipper 2020 Official Website
Circuit Superstars 2020 Official Website
Collapsus 2020 Official Website
Conarium 2020 Official Trailer
Cthulhu: Books of Ancients 2020 Official Website
DARQ: Complete Edition 2020 Official Trailer
Devil's Hunt 2020 Official Twitter Post
Door Kickers 2020 QubicGames 2020 Direct
Eastward 2020 Nintendo.com
Electrix 2020 Official Website
Farm & Fix 2020 2020 Official Website
Farm Manager 2018 2020 Official Website
Flipper Mechanic 2020 Official Website
Gearshifters 2020 Official Website
God Fire 2020 QubicGames 2020 Direct
Good Night Knight 2020 QubicGames 2020 Direct
Greak: Memories of Azur 2020 Official Trailer
Hatch Tales (Formerly Chicken Wiggle Workshop) 2020 Official Website
Haven 2020 Nintendo.com
Hazel Sky 2020 Official Trailer
Heaven's Vault 2020 Official Twitter Post
Hellpoint 2020 Official Twitter Post
Hero: Flood Rescue 2020 Official Website
Hindsight 20/20 2020 Announce Trailer
Kingpin: Reloaded 2020 Official Trailer
Littlewood 2020 Official Twitter Page
Lords of Exile 2020 Official Website/Official Trailer
Mail Mole 2020 Official Trailer
Maneater 2020 Official Twitter Post
Moon Village 2020 Official Website
Mushrooms: Forest Walker 2020 Official Website
N1RV Ann-A 2020 Announce Trailer
Necrobarista 2020 Official Twitter Page
Nyx: The Awakening 2020 Official Reveal Teaser/Official Website
Olija 2020 Official Twitter Post
Olympic Games Tokyo 2020 - The Official Videogame 2020 Official Website
P.U.G.S. Agents 2020 Official Website
Pillars of Eternity II: Deadfire 2020 Interview With Developer
Plastic Rebellion 2020 Official Website
Poker Club 4K 2020 Official Trailer
Real Boxing 2 2020 QubicGames 2020 Direct
Sail Forth 2020 Nintendo.com/
Samurai Gunn 2 2020 Nintendo.com
Spin Rhythm XD 2020 Announce Trailer
The Good Life 2020 Nintendo.com
This Is Pool 2020 Official Website
This Is Snooker 2020 Official Website
Those Who Remain 2020 Official Twitter Page
Tohu 2020 Official Trailer
Trigger Witch 2020 Kinda Funny Games E3 Showcase
Unheard 2020 Official Twitter Post
Unlucky Seven 2020 Official Website
Unto the End 2020 Official Trailer
Zengeon 2020 Official Trailer
Purrtato Tail: By the Light of the Elderstar 2020 "or when it's done" Official Fact Sheet
House Designer 2020/2021 Official Website
Ring of Life: Survive in Proxima 2020/2021 Official Website
Hitori Logic 1/1/21 Nintendo.com
Iris.Fall 1/7/21 Nintendo.com
Life of Fly 1/21/21 Nintendo.com
Gal*Gun Returns 1/28/21 Official Trailer
Märchen Forest 1/28/21 Official Press Release (via Gamasutra.com)
Atelier Ryza 2: Lost Legends & The Secret Fairy 1/29/21 Official Twitter Post (Koei Tecmo Europe)
Re:Zero – The Prophecy of the Throne 1/29/21 Official Trailer
Little Nightmares II 2/1/21 Official Twitter Post
Super Mario 3D World + Bowser's Fury 2/12/21 Nintendo.com
Fallen Legion: Revenants 2/16/21 Official Trailer
Wings of Darkness 2/25/21 Official Press Release (via Gamasutra.com)
Wrath: Aeon of Ruin 2/25/21 Official Website
Bravely Default II 2/26/21 Nintendo.com
Story of Seasons: Pioneers of Olive Town 3/23/21 Nintendo.com
Balan Wonderworld 3/26/21 Official Twitter Post
Monster Hunter Rise 3/26/21 Nintendo.com
Turrican Anthology Vol. 1 February/March 2021 Official Website
Turrican Anthology Vol. 2 February/March 2021 Official Website
King's Bounty II March 2021 Official Trailer
Sky: Children of the Light "A few months into 2021" Official Website
Blue Fire (Timed Exclusive) Q1 2021 Nintendo.com
House Secrets: The Beginning Q1 2021 Official Website
Lord Winklebottom Investigates Q1 2021 Official Website
Pet Clinic - Cats & Dogs Q1 2021 Official Website
Root Film Q1 2021 Official Press Release (via Gamasutra.com)
Wonder Boy: Asha in Monster World Q1 2021 Official Gamescom Trailer (via IGN)
Turrican Collector's Edition April/May 2021 Official Website
Georifters 6/24/21 Nintendo.com
Big Rumble Boxing: Creed Champions Spring 2021 Nintendo.com
Doctor Who: The Edge of Reality Spring 2021 Official Twitter Post
Doctor Who: The Lonely Assassin Spring 2021 Official Twitter Post
Lego Star Wars: The Skywalker Saga Spring 2021 Official Trailer
R-Type Final 2 Spring 2021 Official Twitter Post
Shin Megami Tensei III: Nocturne HD Remaster Spring 2021 Nintendo Direct Mini 7-20-20 Partner Showcase
Surviving the Aftermath Spring 2021 Nintendo.com
Turnip Boy Commits Tax Evasion Spring 2021 Official Trailer
Foreclosed Q2 2021 Developer Interview
Code: Realize ~Wintertide Miracles~ (Multiple Versions) Early 2021 Official Twitter Post
Cris Tales Early 2021 Official Website
Poison Control Early 2021 Official Trailer
Ruined King: A League of Legends Story Early 2021 Nintendo.com
Subnautica Early 2021 Nintendo.com
Subnautica: Below Zero Early 2021 Nintendo.com
Disgaea 6: Defiance of Destiny (Nintendo Switch Exclusive in US) Summer 2021 Nintendo.com
Griftlands: Nintendo Switch Edition Summer 2021 Nintendo Direct Mini Partner Showcase October 2020
Monster Hunter Stories 2: Wings of Ruin Summer 2021 Nintendo.com
Ys IX: Monstrum Nox Summer 2021 Official Trailer
Party Crasher Simulator Second Half of 2021 Official Press Release
The Lord of the Rings: Gollum Late 2021 Gamescom 2020 presentation (via Dailyradar)
Aeon Must Die 2021 Official Trailer
Apex Legends 2021 Official Website
Artifact Hunter 2021 Official Website
Axiom Verge 2 2021 Official Website
Azur Lane: Crosswave Sails the Seas 2021 Official Twitter Post
Backbone 2021 Official Website
Bear and Breakfast (Timed console exclusive) 2021 Nintendo.com
Card Shark 2021 Nintendo.com
Digimon Survive 2021 Anime Expo panel (relayed by NintendoEverything.com)/Official Twitter Post
Dordogne 2021 Official Trailer
Dual Gear 2021 Official Trailer
Earth Defense Force: World Brothers 2021 Official Trailer (Gamespot Exclusive)
Gamedec 2021 Official Trailer (Gamescom 2020)
Garden Story 2021 Nintendo.com
Graven 2021 Official Trailer
Lenin - The Lion 2021 Official Trailer
Lost in Random 2021 Official Press Release
Lost Words 2021 Official Twitter Post
Mineko's Night Market 2021 Nintendo.com
No More Heroes 3 2021 Nintendo.com/Official Twitter Post
Phantom Breaker Omnia 2021 Official Trailer (via IGN)
Port Royale 4 2021 Official Twitter Post
Rogue Lords 2021 Official Trailer
Rune Factory 5 2021 Nintendo.com
Serial Cleaners 2021 Official Trailer
She Dreams Elsewhere 2021 Nintendo.com
Shin Megami Tensei V 2021 Nintendo Direct Mini 7-20-20 Partner Showcase
Skatebird 2021 Indie World Showcase 12.10.2019/Official Statement on Kickstarter.com
Starbase Startopia 2021 Official Twitter Post
Saviors of Sapphire Wings/Stranger of Sword City Revisited 2021 Official Trailer
Summer at the Edge of the Universe 2021 Official Twitter Post
The Legend of Bum-bo 2021 Official Twitter Post
Tormented Souls 2021 Official Trailer
Trails of Cold Steel IV 2021 Official Trailer
Vampire: The Masquerade - Swansong 2021 Official Trailer
Warhammer Age of Sigmar: Storm Ground 2021 Official Trailer (via IGN - Gamescom 2020)
Where Cards Fall 2021 Official Trailer
XIII 2021 Official Twitter Post
Narco Tycoon First Half of 2022 Official Press Release (via Gamasutra)
Sea of Stars 2022 Official Trailer/Official Trailer
(Note: TBA Dates and Missed Release Dates in comments)
I miss anything? Mis-marked exclusivity? Have an official source with updated info? Let me know!
submitted by CaspianX2 to NintendoSwitch [link] [comments]

ACHIEVEMENTS GUIDE WITH ROYALTY UPDATE

[REPOST of this.]
LAST UPDATED: 09/13/2020 ~ Lion Tamer achievement has link to a new post I created with notes and how-to guide.

Royalty:

Longevity:

Keep your health up by going to the gym, meditating, taking walks, and going to the doctor when you're sick.

Wealth:

The fastest way to become wealthy is to become a famous actor or famous writer. I also recommend living in countries that don't have estate tax such as Germany, Sweden, Monaco, & Norway. Start off with high looks for actor or high smarts for writer. Join social media & post every year. When you become famous, do a commercial every year.
While there are other high paying jobs such as porn star, model, and music composer, I do not recommend these because you won't be able to make much extra money on the side. For porn star and model, you can do photo shoots, but they don't pay nearly as much as commercials do.

Real Estate:

Become wealthy using the advice for wealthy achievements. For flipping houses, buy equestrian properties & keep renovating them when necessary. If you buy an equestrian property in your 20s, by the time you're in your 70s-80s, the net worth of the property will increase by a few millions.

Social Media:

Become famous and post every year. When your fame bar is at 75%, request verification.

Animal:

Career:

Follow this career guide.

Combat:

Disease:

Entertainment:

Fame:

Fertility:

Love:

Military:

Prison

School:

Vehicle:

Get rich using the steps in the wealth section above. Obtain your pilot & boating license to complete these achievements.
General:

Crime:

Pet:

submitted by Lelouch_19 to BitLifeApp [link] [comments]

[Unresolved Murder] When 24-year-old Mitrice Richardson went missing, was it due to a mental break - or something more sinister?

So I am extremely intrigued by the Mitrice Richardson case, as I feel like there is just something "off" about it. I've been thinking about posting about it for a while. I did just see a new post this morning with a theory, and figured I'd run through the entire case again to hear what people have to think. I'm not used to this so please be gentle! This is also going to be a long one, so strap in!
I am struggling to get the formatting to work correctly so I apologize.
Mitrice Lavon Richardson was born in 1985 to Latice Sutton and Michael Richardson, though she was raised by Latice and Mitrice's stepfather, Larry. From a younger age, she was extremely drawn to psychology and the way the human brain worked. Mitrice grew up in West Covina, CA and later attended Cal State - Fullerton to pursue her BA in psychology. She was the first person in her family to attend college.
As she approached the end of her undergraduate career, Mitrice decided that she might want to pursue graduate school. During this time, she was dating her girlfriend, Tessa, and also go-go dancing at a lesbian bar.
Leading up to her disappearance, there are conflicting reports on whether or not Mitrice had been acting unusual. According to Crime Junkie, Tessa adamantly opposes the idea that Mitrice was in any way mentally ill or erratic. However, both Crime Junkie and Trace Evidence acknowledge that Mitrice had been sending strange text messages and posting weird posts on social media at all times of the night.
At some point in the investigation, officers also found erratic journal entries where the writing switched from clean and neat, to staggered and illegible, within the same pages, sometimes the same sentences.
Whether or not she had bipolar disorder is also a point of contention. NBC Los Angeles states that she was diagnosed. I have seen some articles state that she was diagnosed, and that her mother admitted this. But other articles, like this one from Fox LA state that family members state that she had no mental health problems.
However, regardless of whether or not she had bipolar disordea diagnosis, I do believe that she was struggling with mental illness in some way. But did this have to do with her death?
On September 16, 2009, Mitrice was driving down the Pacific Coast Highway when she decided to stop at Geoffrey's in Malibu. She got out of her car to wait for the valet - in his car, mumbling about avenging Michael Jackson's death. When she went inside, the valet informed the host that she was acting strangely.
Mitrice sat alone, drinking a cocktail and eating a steak. But then she randomly joined another table of 7 people. She talked quickly about astrology, even mentioning that she was from Mars. At the end of the meal, the other people left. When Mitrice tried to leave, she was stopped and told to pay the $89 bill. Despite the fact that money was later found in her purse, Mitrice told the restaurant that she had no money and thought the table would pay for her.
The manager called Mitrice's great-grandmother Mildred, who agreed to pay the bill. However, the manager refused to take her credit card number over the phone. Eventually, one of the employees called the police. On the phone call, the woman stated, "We have a guest here who is refusing to pay her bill. She sounds really crazy. She may be on drugs."
At approximately 9pm, officers from the Los Angeles County Sheriffs Department Malibu/Lost Hills Sheriff's Station showed up at Geoffrey's to arrest Mitrice. Officers searched her car and found a small amount of marijuana. LA Mag, who has one of the most comprehensive write-ups of this case I've seen, also notes that the police found partially drunken bottles of alcohol in her car, but I have not seen that anywhere else.
Because employees at Geoffrey's didn't think Mitrice was okay enough to drive, and because of the marijuana, officers performed a field sobriety test. Mitrice passed. Officers do not report finding a wallet, money, or even cell phone in the car. Although the employees at Geoffrey's considered paying Mitrice's bill for her, to avoid her being taken into police custody, they were worried about her mental health and her ability to drive. So they let her be taken away by the police, as the manager chose to press charges.
As this was going on, Mildred called Latice. Immediately, Latice was concerned about how strange her daughter was acting. She called the Lost Hills station and was assured that Mitrice was being carefully watched by the officers. It was late at night by this time and Latice wasn't sure if she should pick her daughter up; the officer assured her that Mitrice would be in custody until morning, so Latice could pick her up then.
According to LA Mag, Latice told the officer, "I think the only way I will come and get her tonight is if you guys are going to release her tonight. She's not from that area and I would hate to wake up to a morning report, 'girl lost somewhere with her head chopped off.'"
Here's what we know.
Mitrice's car was impounded. Mitrice was taken to Lost Hills station, about 25 miles away from Geoffrey's. Law enforcement could have held her under the belief that she might hurt herself or others.
Despite conflicting reports, law enforcement officers state Mitrice was fine. Mitrice was released from custody between 12:15am and 1:25am on September 17. When released, she had no wallet or cell phone.
She used a phone at the station to try and call Mildred. LE states she called 4 times and they heard a conversation. Mildred says she never received a phone call. All phone calls (if any) were made from a non-recorded line.
Mitrice was charged with marijuana possession and defrauding an officer. Because she had no prior record, she was let go with a fine and court date. Officers refused to drive her back to her car (8-13 miles away). Officers told her she could sleep in the lobby until morning. One jailer claims Mitrice said she was meeting friends.
In an article for CBS News, sheriff's spokesman Steve Whitmore stated, "She exhibited no signs of mental illness or intoxication. She was fine. She's an adult."
Mitrice walked into the night, in an unfamiliar area, with no car, wallet, or phone. When Latice called the station the next morning around 5:30am, she was told that her daughter was gone. She asked about filing a missing persons report, but was told it was too soon. Latice told the deputy she was worried about her daughter's mental state, that she might be depressed.
Somewhere between 5:30am and 6:30am, Bill Smith called the Lost Hills station to report a young black women "prowling" around his home in Monte Nido (about 6 miles away from the station). Bill reports that when he asked the woman how she was doing, she replied that she was OK, just resting. Then she disappeared into the night.
Now here's where the Lost Hills station begins to look more and more fishy.
It took 2 days before Lost Hills officers started searching for Mitrice...at Bill Smith's house. Officers declined to use scent tracking dogs that would tell them how Mitrice got from Lost Hills station to Monte Nido.
Officers found shoe prints. It looked like Mitrice was walking, then had suddenly started running towards Dark Creek and Dark Canyon. Officers did not search Dark Creek or Dark Canyon at the time.
Mitrice's case was reassigned twice: first to the LAPD's Missing Persons Unit, then to LAPD's Robbery-Homicide Unit. LAPD officers determined that Mitrice had a manic episode caused by bipolar disorder. When LAPD officers searched her car, they found her wallet, cell phone, ATM card, and enough money to cover her meal - despite the fact that the LASD stated they found nothing.
3 days after her disappearance, the Lost Hills Lieutenant sent out an email about Mitrice, which LA Mag got a hold of. In the email, Lieutenant Scott Chew addresses Captain Thomas Martin, noting that Mitrice was brought in because "[Loureiro] felt she was acting unusual and was uneasy about letting her go. In the end, [Loureiro] brought her because of his instincts. The fact that she disappeared validated his instinct.”
Since then, Chew stated that he did not remember writing the email, or maybe didn't write it at all. Loureiro stated that he never actually had that conversation or asked for a sobriety test for Mitrice. For the next month or so, the LASD frequently spoke to the media to reaffirm that Mitrice had been fine.
Latice then asked for the footage of Mitrice at the station, hoping to get insight into her daughter's condition. She was told that no footage existed. 4 months later, she was told that there was actually a video...but due to "technical difficulties," it took ANOTHER 3 months for the family to receive it.
In the video (which was edited), Mitrice seems agitated, pulling on her hair and on the bars. When she is finally released, the video shows Mitrice walking out the door...with a deputy following quickly after. The police department refused to name the officer or state if he had any contact with Mitrice outside of the station.
In January, there were immense searches of Malibu Canyon; no body was found, and Lost Hills officers refuse to say whether or not they checked Dark Canyon. As time went on, there were some supposed sightings of Mitrice in Las Vegas, in a casino or working as a prostitute. But Latice says she knew her daughter was still somewhere where she went missing. Unfortunately, she was right.
11 months after her disappearance, Mitrice's mummified remains were found in Dark Canyon by rangers, only 8 miles from the Lost Hills station and 2 miles from where she was last seen. You can see the map to get a better idea.
Again, here's where it gets weird.
Mitrice was found naked. Some of her clothes were recovered a few hundred feet away in positions that did not suggest animal involvement. Her bra was unclasped. Her belt was unclasped and removed. Her jeans were unzipped.
An earring that she had not been wearing at the time of her disappearance was stuck in her hair.
Her right leg, with the femur removed, was located 6 feet upslope from her body. Her body, clothes, and leg showed no signs of animal involvement, biting, trauma, etc. Five neck bones were never found.
Mitrice's left arm was tightly flexed over her chest, indicating that she mummified in that unnatural position.
Rangers called in the dead body. Around 1.5 hours later, a Lost Hills deputy (unidentified) arrived on scene. Policy and state codes say that the coroner must be contacted immediately upon finding remains. It took 1.5 additional hours, after the deputy arrived, to call the coroner.
The coroner and his team were told that a LASD helicopter would pick them up and bring them to the body. 2-3 hours later, they were told that the LASD would remove the body instead. Against the wishes of the coroner, the LASD collected the remains and took them back to the Lost Hills station, breaking policy.
Sheriffs took no photographs of the scene, failed to collect soil samples, and did not document the process of recovering Mitrice's remains. When asked, sheriffs stated they pulled on the skull and the entire skeleton appeared. This is untrue, as her skull was detached from her neck.
The LASD stated that they believed no crime had been committed. Rather, they posited that Mitrice had been bitten by a rattlesnake or possibly had a fatal allergic reaction to poison oak. They stated that Mitrice must have been naked because animals ripped her clothes off, but this directly contrasts how neatly the clothes were removed, the fact that the clothes and body show no tooth marks, and that her clothes were scattered around the canyon.
Additionally:
If animals had torn off her clothing, where were her shoes and socks, shirts, and underwear?
Why were her clothes so clean, with no evidence of animal bites or even dirt from nature? One forensic anthropologist believes the clothes might have been removed from the scene and cleaned.
Why was Mitrice mummified and not totally decomposed if she had been exposed to the elements for 11 months?
What caused her left arm to be flexed? Could she have been tied up while mummification occurred?
When the animal theory didn't pan out, the LASD changed their statement, saying that her clothes were removed by running water. But for this to be possible, the creek would have needed to rise by 60 feet, and her body would have needed to float against the current.
Next came a series of infuriating mistakes from the coroner's office:
The coroner did not test hair found on the ground and compare it to Mitrice's hair to see if someone else was present. The earring was never tested. Bug casings on Mitrice's body were never tested. Dirt and leaves from the scene were never tested.
No craniotomy was performed to identify potential blunt force trauma. It took weeks to find Mitrice's clothes at the coroner's office; they were shoved into the bottom of a bag. Mitrice's pubic hair and clothes were not tested for semen, fibers, or hair.
Altogether, the LASD only searched the scene twice: once when Mitrice's body was found, and again 6 months later. Some of her remains are still missing. Her teeth were slightly pink, indicating strangulation, but no determination can be made without the missing hyoid bone from her neck.
So what happened to Mitrice?
(1) She was experiencing some sort of psychosis or manic episode, whether from bipolar, schizophrenia, or another mental illness. Because of this, she was able to get to the specific area of the canyon, remove her clothing, and succumbed to the elements. The LASD, though sketchy, did not play a role in her death. They just didn't care that much about a black woman in a predominantly white area.
(2) Mitrice was going through some sort of mental health crisis. Officers of the LASD believed that they could take advantage of her in some way, probably sexually. After she was released, the LASD contributed to her getting to Monte Nido and then to her death. They cleaned up and either hid the body, or dumped it but led others away from the area, then continually prevented the investigation from proceeding.
(3) Some third party (another person, a group of people) contributed to Mitrice's death. Because of LE's clear negligence, and Mitrice's mental illness, no third party was ever searched for.
I personally believe that the LASD did have a hand in Mitrice's death. I believe that one, or multiple, officers offered her a ride. I believe that she was sexually assaulted. But I'm unclear if, after this, LE killed her or she wandered off on her own, where she died. What are your thoughts? Curious to see what everyone else thinks.
Additional Articles: LA Mag & Wikipedia
submitted by thatgirlisaproblem to UnresolvedMysteries [link] [comments]

Wall Street Week Ahead for the trading week beginning June 15th, 2020

Good Saturday afternoon to all of you here on stocks. I hope everyone on this sub made out pretty nicely in the market this past week, and is ready for the new trading week ahead.
Here is everything you need to know to get you ready for the trading week beginning June 15th, 2020.

After big sell-off, stock market will be wary of virus and Fed testimony in week ahead - (Source)

Federal Reserve Chairman Jerome Powell is expected to reassure markets next week the central bank will do whatever it takes to help the economy heal. That should be enough to keep investors moving into stocks that benefit from an economic rebound and push the S&P 500 into the green for 2020.
Stocks could be caught in a tug-of-war in the week ahead, as investors weigh the potential positives of a reopening economy against worry that the coronavirus continues to spread.
In the past week, the S&P 500′s sharp gains briefly drove the index into positive territory for the year, before a bruising sell-off at the end of the week. Stocks were more than 47% above the March 23 low before investors got spooked by signs the coronavirus is picking up in some areas.
The Fed also dampened sentiment when it released economic forecasts Wednesday that showed a slow recovery and interest rates at zero through the end of 2022. Investors will hear more of the same when Fed Chairman Jerome Powell speaks before Congress this Tuesday and Wednesday in his semi-annual economic testimony. He may provide more clarity on the Fed’s bond buying and other policy moves.
Retail sales for May are released Tuesday, and that will be an important look at consumer spending activity. It is the most important data in the coming week, other than the weekly jobless claims report on Thursday.
Stocks rose on Friday with the S&P 500 up more than 1% after Thursday’s sharp sell-off that sent the index down nearly 6%. Treasury yields, which move opposite price, also moved sharply lower as investors moved to the safety of bonds. The 10-year yield was back to 0.70%, well off the high of 0.95% in the week earlier.
“We’ve been overbought for awhile and digesting gains would be natural,” said Sam Stovall, chief investment strategist at CFRA.
Stovall said the fact that 97% of the S&P 500 companies’ stocks were above their 50-day moving average this past week was a warning. The 50-day moving average is a momentum indicator, and if a stock or index rises above it, it is usually a positive, but if they all do, it’s a contrarian warning.
“Historically that’s just too high ... and also the P/E on the S&P was 25.1 of forward 12-months earnings, which is a 52% premium to the P/E average since 2000,” he said. The P/E, or the price-to-earnings ratio, is an important tool to value stocks, and it averages around 16.5 times.
In the sell-off, stocks that would benefit from the economy’s reopening were the hardest hit. Investors had been jumping into those names, driving them higher at a dizzying pace. They were also the sectors that were last to join the rally, like banks, casinos, airlines and hotels.
“Once the pullback runs its course I think investors will move back again into the sectors and subsectors that were most beaten up in the bear market,” said Stovall.
Scott Redler, partner with T3Live.com, said he lightened up his holdings earlier in the week. “There were some clues early in the week that the market was vulnerable, like when the S&P closed below 3,191 on Tuesday. You had some feverish trading in some of the very speculative names,” he said.
Stovall said other headwinds hang over the market, and one big one is the upcoming presidential election, which could become a bigger influence on the market. RealClearPolitics has President Donald Trump trailing former Vice President Joseph Biden by 8.1 points in the latest average of polls.
“Trump’s numbers are just looking so bad, and if the Fed needs to keep interest rates at zero and we have the potential for a resurgence in Covid cases, then Trump is not going to benefit from an economic recovery, and as a result, that gives Biden a better chance of being elected,” said Stovall. “It’s not necessarily that the market dislikes Biden, but they dislike uncertainty. And a decline in equity prices would be representative of that uncertainty.”

Consumer barometer

Retail sales are typically a barometer for consumer spending, and when Americans were shut in their homes they did much less shopping than usual. April data showed a 16.7% drop in sales, but consumers did spend online.
Economists are watching Tuesday’s report on May sales closely, particularly after the May jobs report had a large upside surprise. There were 2.5 million jobs added in May, instead of an expected loss of 8.3 million.
Mark Zandi, chief economist at Moody’s Analytics, said business-to-business spending data for May implies that retail sales were flat compared with April’s depressed level and could be down 22% from a year ago.
Zandi used data from Cortera, which collects information on about $1.5 trillion in business-to-business spending. In an analysis of spending by retailers in May, it found there were gains from April in some categories, including furniture, gasoline stations and restaurants.
“Clothing and sporting goods store sales have been crushed, and that continued in May. Restaurants, gasoline stations and furniture stores have been hit hard, but showed strong improvement in May. Food and health and personal care stores have done well through the crisis, but gave some of that back in May,” notes Zandi. “Online retailers, general merchandise stores (which includes WalMart and Target), and building material and garden supply stores (Home Depot and Lowes) have navigated the crisis well, and May was another solid month.”
Zandi said weakness in apparel and sporting goods washed out the gains in other areas.

Fed ahead

Strategists said Powell did not surprise the market with his comments this past week, but his sober approach reminded investors that the Fed policy will have to be in place for a very long time to pull the economy out of its deep rut. That will keep markets on high alert during his two days of testimony.
“I think the cat’s out of the bag. I don’t think he can sugarcoat it. The thing he’s got to worry about is he needs help. He needs Congress and the administration to come up with another fiscal rescue package. He can’t do it on his own,” said Zandi. “He has to keep the pressure on them and get a piece of legislation before they go on August recess. ... He’s speaking as much to the American people as he is to the policy makers.”
Zandi said the Fed has acted aggressively and swiftly to unfreeze credit markets when they locked up in March, but the economy needs more stimulus ahead of a wave of potential business defaults and with a high level of unemployment. The Fed’s balance sheet has ballooned to $7.2 trillion, and on Wednesday the central bank committed to monthly purchases of $80 billion in Treasury securities and $40 billion in mortgage securities.
“I think he continues to lay the foundation for policy changes to come,” said Zandi. “He’s strongly suggesting there’s going to be more monetary support, and that would come in the form of a few things - it would be performance dependent forward guidance. ... He’s going to make it clear until the economy is at full employment and inflation is at least at target, if not above.”
Zandi said Powell may discuss yield curve controls, which would mean the Fed would set targets for interest rate levels in the Treasury market, and make purchases to influence rates. Some economists believe the Fed will adopt that tool before the end of the year.
“I think he’s going to more clearly define the amount of QE they’re doing going forward. He’ll try to preserve some optionality, but he’ll try to make it known, they’re buying a lot of bonds for a long time to come,” Zandi said.
But the hearings could be more politicized, and Powell may be criticized by Congress for helping financial markets more than Main Street, said John Briggs, head of strategy at NatWest Markets. “I’d be surprised if there’s a lot new, given it comes on the heels of the FOMC meeting,” Briggs said.

This past week saw the following moves in the S&P:

(CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!)

Major Indices for this past week:

(CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!)

Major Futures Markets as of Friday's close:

(CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!)

Economic Calendar for the Week Ahead:

(CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!)

Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close:

(CLICK HERE FOR THE CHART!)

S&P Sectors for the Past Week:

(CLICK HERE FOR THE CHART!)

Major Indices Pullback/Correction Levels as of Friday's close:

(CLICK HERE FOR THE CHART!

Major Indices Rally Levels as of Friday's close:

(CLICK HERE FOR THE CHART!)

Most Anticipated Earnings Releases for this week:

(CLICK HERE FOR THE CHART!)

Here are the upcoming IPO's for this week:

(CLICK HERE FOR THE CHART!)

Friday's Stock Analyst Upgrades & Downgrades:

(CLICK HERE FOR THE CHART LINK #1!)
(CLICK HERE FOR THE CHART LINK #2!)

Is This The Start Of A New Bear Market?

“Stocks take an escalator up, but an elevator down.” — Old investment axiom
The saying above sure happened yesterday. In the end, the S&P 500 Index fell 5.9% for the worst day since March 16 and the first three-day losing streak in more than three months. What does it mean? We’ve been on record that we expect some type of well-deserved pullback or at least consolidation after the 45% bounce off of the March 23 lows and the best 50-day rally ever. Then add in the fact that June has been the worst month of the year for stocks since 2000 and some type of weakness is perfectly logical here and now.
“In many ways, this is one of the most overbought stock markets we’ve ever seen. Now the catch to this is previous times we’ve seen major levels similar to now have been closer to the beginning of bull markets than the end of bull markets,” explained LPL Financial Senior Market Strategist Ryan Detrick.
This is now one of the greatest surges off a major low ever. It is perfectly normal to see a drawdown of double digits after the initial surge weakens. This could be happening now.
(CLICK HERE FOR THE CHART!)
We’ve shown that huge up months like April tend to eventually resolve higher, but some near-term weakness is possible.
(CLICK HERE FOR THE CHART!)
Also, when more than 90% of the stocks in the S&P 500 are above their 50-day moving average, this shows solid longer-term results. Again, suggesting that very overbought isn’t always a bad thing.
(CLICK HERE FOR THE CHART!)
There was a huge spike in stocks marking new monthly highs, again historically an overbought signal. This opens the door for some near-term weakness, but is a very positive sign longer-term.
(CLICK HERE FOR THE CHART!)
Last, in the LPL Chart of the Day, the S&P 500 was recently more than 13% above the 50-day moving average, one of the highest levels ever. The good news is one-year later stocks were higher every single time. Yet another clue that historically overbought isn’t always a bad thing for the bulls.
(CLICK HERE FOR THE CHART!)
A record run, over-the-top excitement from small traders, the Nasdaq at 10,000, historically high multiples, and seasonality all could be a factor in why a pullback here could be perfectly normal. In fact, if you are bullish, after a 45% rally, one of the best things would be for prices to reset some here over the coming months. We would be a buyer of weakness and use it as an opportunity for longer-term price appreciation.

Persistent Volatility Runs Into Resistance & Exuberant Sentiment

We have all been gobsmacked by velocity and strength of this V-shaped rally off the March 23 bear market low. For the record this rally became an official Ned Davis Research defined bull market on May 26 when DJIA was up 30% from the low when it made a new recovery high after 50 calendar days (see NDR definitions below). And this was on the back of the shortest bear market on record, which lasted only 40 days. Today’s market comeuppance is an important reminder that we need to be patient with this market and heed our cautious analysis and stance.
This is still the “Worst Six Months” and as we warned in the May Outlook when the market is down during the “Best Six Months” (November-April) as they were in 2020, the “Worst Six Months” (May-October) were down or flat 86% of the time with a median S&P decline of -6.7% since 1950.
Other seasonal indicators are also flashing the caution sign. This year’s negative January Barometer and breached December DJIA low, point to possible retests of the lows and choppy, volatile trading over the next several months. See the updated composite graph of the seasonal pattern for these 22 years since 1950 in the June Outlook.
It appears that quite a fair amount of hope was built into the rally. Lots of hope that everything is just going back to the way it was real soon. But COVID cases are on the climb again and folks are concerned that a pause and/or reverse of reopening could delay the economic recovery and derail the bull. Up until the past few days it felt like mid-February again with the market ignoring economic and corporate data as momentum pushed everything higher.
The jobs report was a bit unbelievable and then Fed Chairman Powell’s candor and reserved outlook at yesterday’s press conference put the fear right back into the market today. Meanwhile the Atlanta Fed’s GDPNow model currently estimates that 2020 Q2 GDP growth will be down -48.5%.
Sentiment had also become rather exuberant as the Weekly CBOE Equity Only Put/Call ratio we track in the “Pulse of the Market” hit 0.43 last week – its lowest level since the week ending 4/10/2010 about three weeks before the infamous flash crash. Investor’s Intelligence Advisors Sentiment survey Bullish advisors are now up to 56.9%. Correction advisors are down to 22.5% while Bearish advisors have slipped further to 20.6%, putting us at caution levels.
Technically, things deteriorated rapidly today. After blasting through several levels of resistance we have been tracking as shown in the chart here S&P 500 stalled at 3210 and plunged 5.9% today through 3115 support/resistance and closed just below 3010 support/resistance which sits at the 2019 summer highs. The next major support level below here is 2725 right near where the 50-day moving average turned up in mid-May, which would be a 15.7% correction from the recent recovery high reached this past Monday, June 8.
(CLICK HERE FOR THE CHART!)
Ned Davis Research bull and bear market definitions:
A cyclical bull market requires a 30% rise in the DJIA after 50 calendar days or a 13% rise after 155 calendar days. Reversals of 30% in the Value Line Geometric Index since 1965 also qualify. A cyclical bear market requires a 30% drop in the DJIA after 50 calendar days or a 13% decline after 145 calendar days. Reversals in the Value Line Geometric Index also qualify. Bull and bear markets are measured at peak and trough dates, so both the time and price criteria must be met as of the peak and trough dates.

More Volatility Likely During June Options Expiration Week and Beyond

The second Triple Witching Week (Quadruple Witching if you prefer) of the year brings on some volatile trading with losses frequently exceeding gains. NASDAQ has the weakest record on the first trading day of the week. Triple-Witching Friday is usually better, DJIA has been up ten of the last seventeen years.
Full-week performance is choppy as well, littered with greater than 1% moves in both directions. The week after Triple-Witching Day is horrendous. This week has experienced DJIA losses in 26 of the last 30 years with an average decline of 1.07%. S&P 500 and NASDAQ have fared slightly better during the week after over the same 30-year span, declining 0.72% and 0.23% respectively on average.
(CLICK HERE FOR THE CHART!)
(CLICK HERE FOR THE CHART!)
(CLICK HERE FOR THE CHART!)
Here are the most notable companies (tickers) reporting earnings in this upcoming trading week ahead-
  • $KR
  • $MFA
  • $GRPN
  • $JKS
  • $ORCL
  • $LEN
  • $KMX
  • $TSQ
  • $HRB
  • $MPAA
  • $SWBI
  • $CMC
  • $RGS
  • $TTM
  • $HOME
  • $JBL
  • $DBI
  • $AMSWA
  • $ABM
  • $BNGO
  • $CNTG
  • $LMB
  • $LIVX
  • $ALYA
  • $GAN
  • $INWK
  • $VOLT
  • $UROV
  • $VNCE
(CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)
(CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!)
Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:

Monday 6.15.20 Before Market Open:

(CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Monday 6.15.20 After Market Close:

([CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())
NONE.

Tuesday 6.16.20 Before Market Open:

(CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Tuesday 6.16.20 After Market Close:

(CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Wednesday 6.17.20 Before Market Open:

([CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!]())
NONE.

Wednesday 6.17.20 After Market Close:

(CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Thursday 6.18.20 Before Market Open:

(CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Thursday 6.18.20 After Market Close:

(CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Friday 6.19.20 Before Market Open:

(CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)
NONE.

Friday 6.19.20 After Market Close:

([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())
NONE.

Kroger Co. $32.26

**Kroger Co. (KR) is confirmed to report earnings at approximately 8:30 AM ET on Thursday, June 18, 2020. The consensus earnings estimate is $0.88 per share on revenue of $40.12 billion and the Earnings Whisper ® number is $0.98 per share. Investor sentiment going into the company's earnings release has 85% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 22.22% with revenue increasing by 7.70%. Short interest has increased by 55.5% since the company's last earnings release while the stock has drifted higher by 5.3% from its open following the earnings release to be 12.5% above its 200 day moving average of $28.68. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, May 13, 2020 there was some notable buying of 10,009 contracts of the $36.00 put expiring on Friday, July 17, 2020. Option traders are pricing in a 8.6% move on earnings and the stock has averaged a 4.4% move in recent quarters.

(CLICK HERE FOR THE CHART!)

MFA Financial Inc $2.61

**MFA Financial Inc (MFA) is confirmed to report earnings at approximately 8:30 AM ET on Tuesday, June 16, 2020. Investor sentiment going into the company's earnings release has 30% expecting an earnings beat. Short interest has increased by 122.9% since the company's last earnings release while the stock has drifted lower by 67.1% from its open following the earnings release to be 55.0% below its 200 day moving average of $5.80. Overall earnings estimates have been unchanged since the company's last earnings release. On Tuesday, June 9, 2020 there was some notable buying of 9,992 contracts of the $4.00 call expiring on Friday, June 19, 2020. The stock has averaged a 1.2% move on earnings in recent quarters.

(CLICK HERE FOR THE CHART!)

Groupon, Inc. $21.75

**Groupon, Inc. (GRPN) is confirmed to report earnings at approximately 4:10 PM ET on Tuesday, June 16, 2020. The consensus estimate is for a loss of $1.92 per share on revenue of $400.24 million and the Earnings Whisper ® number is ($1.85) per share. Investor sentiment going into the company's earnings release has 35% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 3,940.00% with revenue decreasing by 30.80%. Short interest has decreased by 20.4% since the company's last earnings release while the stock has drifted higher by 1,026.9% from its open following the earnings release to be 47.9% below its 200 day moving average of $41.78. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, June 5, 2020 there was some notable buying of 6,979 contracts of the $1.50 call expiring on Friday, June 19, 2020. Option traders are pricing in a 2.7% move on earnings.

(CLICK HERE FOR THE CHART!)

JinkoSolar Holding Co., Ltd. $17.85

**JinkoSolar Holding Co., Ltd. (JKS) is confirmed to report earnings at approximately 6:45 AM ET on Monday, June 15, 2020. The consensus earnings estimate is $0.75 per share on revenue of $1.00 billion. Investor sentiment going into the company's earnings release has 62% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 400.00% with revenue increasing by 15.27%. Short interest has decreased by 4.0% since the company's last earnings release while the stock has drifted lower by 4.0% from its open following the earnings release to be 6.6% below its 200 day moving average of $19.11. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, June 8, 2020 there was some notable buying of 3,793 contracts of the $25.00 call expiring on Friday, June 19, 2020. Option traders are pricing in a 15.7% move on earnings and the stock has averaged a 8.7% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Oracle Corp. $51.86

**Oracle Corp. (ORCL) is confirmed to report earnings at approximately 4:00 PM ET on Tuesday, June 16, 2020. The consensus earnings estimate is $1.17 per share on revenue of $10.85 billion and the Earnings Whisper ® number is $1.22 per share. Investor sentiment going into the company's earnings release has 61% expecting an earnings beat The company's guidance was for earnings of $1.20 to $1.28 per share. Consensus estimates are for year-over-year earnings growth of 0.86% with revenue decreasing by 2.57%. Short interest has decreased by 12.2% since the company's last earnings release while the stock has drifted higher by 16.7% from its open following the earnings release to be 2.2% below its 200 day moving average of $53.02. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, June 8, 2020 there was some notable buying of 25,106 contracts of the $60.00 call expiring on Friday, June 19, 2020. Option traders are pricing in a 6.7% move on earnings and the stock has averaged a 6.1% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Lennar Corp. $59.25

**Lennar Corp. (LEN) is confirmed to report earnings at approximately 6:00 AM ET on Tuesday, June 16, 2020. The consensus earnings estimate is $1.29 per share on revenue of $5.73 billion. Investor sentiment going into the company's earnings release has 61% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 0.77% with revenue increasing by 3.00%. Short interest has decreased by 0.4% since the company's last earnings release while the stock has drifted higher by 97.6% from its open following the earnings release to be 5.8% above its 200 day moving average of $56.00. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, June 10, 2020 there was some notable buying of 7,571 contracts of the $65.00 call expiring on Friday, June 19, 2020. Option traders are pricing in a 10.4% move on earnings and the stock has averaged a 4.1% move in recent quarters.

(CLICK HERE FOR THE CHART!)

CarMax, Inc. $89.98

**CarMax, Inc. (KMX) is confirmed to report earnings at approximately 6:50 AM ET on Friday, June 19, 2020. The consensus estimate is for a loss of $0.08 per share on revenue of $2.39 billion and the Earnings Whisper ® number is $0.01 per share. Investor sentiment going into the company's earnings release has 27% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 105.03% with revenue decreasing by 55.46%. Short interest has increased by 0.1% since the company's last earnings release while the stock has drifted higher by 83.6% from its open following the earnings release to be 5.8% above its 200 day moving average of $85.05. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, June 2, 2020 there was some notable buying of 1,017 contracts of the $92.50 put expiring on Friday, June 19, 2020. Option traders are pricing in a 12.1% move on earnings and the stock has averaged a 4.5% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Townsquare Media, Inc. $5.09

**Townsquare Media, Inc. (TSQ) is confirmed to report earnings at approximately 7:00 AM ET on Monday, June 15, 2020. The consensus earnings estimate is $0.10 per share on revenue of $95.77 million and the Earnings Whisper ® number is $0.08 per share. Investor sentiment going into the company's earnings release has 62% expecting an earnings beat Consensus estimates are for year-over-year earnings growth of 11.11% with revenue increasing by 2.23%. On Monday, June 8, 2020 there was some notable buying of 624 contracts of the $7.50 call expiring on Friday, June 19, 2020.

(CLICK HERE FOR THE CHART!)

H&R Block Inc. $17.87

**H&R Block Inc. (HRB) is confirmed to report earnings at approximately 4:20 PM ET on Tuesday, June 16, 2020. The consensus earnings estimate is $3.01 per share on revenue of $1.73 billion and the Earnings Whisper ® number is $2.23 per share. Investor sentiment going into the company's earnings release has 37% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 30.32% with revenue decreasing by 25.83%. Short interest has decreased by 31.1% since the company's last earnings release while the stock has drifted lower by 6.5% from its open following the earnings release to be 15.3% below its 200 day moving average of $21.09. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, May 29, 2020 there was some notable buying of 11,609 contracts of the $17.00 put expiring on Friday, June 19, 2020. Option traders are pricing in a 12.9% move on earnings and the stock has averaged a 3.5% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Motorcar Parts of America, Inc. $15.89

**Motorcar Parts of America, Inc. (MPAA) is confirmed to report earnings at approximately 8:00 AM ET on Monday, June 15, 2020. Investor sentiment going into the company's earnings release has 45% expecting an earnings beat. Short interest has decreased by 22.3% since the company's last earnings release while the stock has drifted lower by 18.9% from its open following the earnings release to be 7.1% below its 200 day moving average of $17.10. Option traders are pricing in a 16.4% move on earnings and the stock has averaged a 7.1% move in recent quarters.

(CLICK HERE FOR THE CHART!)

DISCUSS!

What are you all watching for in this upcoming trading week?
I hope you all have a wonderful weekend and a great trading week ahead stocks.
submitted by bigbear0083 to stocks [link] [comments]

Wall Street Week Ahead for the trading week beginning June 15th, 2020

Good Saturday afternoon to all of you here on wallstreetbets. I hope everyone on this sub made out pretty nicely in the market this past week, and is ready for the new trading week ahead.
Here is everything you need to know to get you ready for the trading week beginning June 15th, 2020.

After big sell-off, stock market will be wary of virus and Fed testimony in week ahead - (Source)

Federal Reserve Chairman Jerome Powell is expected to reassure markets next week the central bank will do whatever it takes to help the economy heal. That should be enough to keep investors moving into stocks that benefit from an economic rebound and push the S&P 500 into the green for 2020.
Stocks could be caught in a tug-of-war in the week ahead, as investors weigh the potential positives of a reopening economy against worry that the coronavirus continues to spread.
In the past week, the S&P 500′s sharp gains briefly drove the index into positive territory for the year, before a bruising sell-off at the end of the week. Stocks were more than 47% above the March 23 low before investors got spooked by signs the coronavirus is picking up in some areas.
The Fed also dampened sentiment when it released economic forecasts Wednesday that showed a slow recovery and interest rates at zero through the end of 2022. Investors will hear more of the same when Fed Chairman Jerome Powell speaks before Congress this Tuesday and Wednesday in his semi-annual economic testimony. He may provide more clarity on the Fed’s bond buying and other policy moves.
Retail sales for May are released Tuesday, and that will be an important look at consumer spending activity. It is the most important data in the coming week, other than the weekly jobless claims report on Thursday.
Stocks rose on Friday with the S&P 500 up more than 1% after Thursday’s sharp sell-off that sent the index down nearly 6%. Treasury yields, which move opposite price, also moved sharply lower as investors moved to the safety of bonds. The 10-year yield was back to 0.70%, well off the high of 0.95% in the week earlier.
“We’ve been overbought for awhile and digesting gains would be natural,” said Sam Stovall, chief investment strategist at CFRA.
Stovall said the fact that 97% of the S&P 500 companies’ stocks were above their 50-day moving average this past week was a warning. The 50-day moving average is a momentum indicator, and if a stock or index rises above it, it is usually a positive, but if they all do, it’s a contrarian warning.
“Historically that’s just too high ... and also the P/E on the S&P was 25.1 of forward 12-months earnings, which is a 52% premium to the P/E average since 2000,” he said. The P/E, or the price-to-earnings ratio, is an important tool to value stocks, and it averages around 16.5 times.
In the sell-off, stocks that would benefit from the economy’s reopening were the hardest hit. Investors had been jumping into those names, driving them higher at a dizzying pace. They were also the sectors that were last to join the rally, like banks, casinos, airlines and hotels.
“Once the pullback runs its course I think investors will move back again into the sectors and subsectors that were most beaten up in the bear market,” said Stovall.
Scott Redler, partner with T3Live.com, said he lightened up his holdings earlier in the week. “There were some clues early in the week that the market was vulnerable, like when the S&P closed below 3,191 on Tuesday. You had some feverish trading in some of the very speculative names,” he said.
Stovall said other headwinds hang over the market, and one big one is the upcoming presidential election, which could become a bigger influence on the market. RealClearPolitics has President Donald Trump trailing former Vice President Joseph Biden by 8.1 points in the latest average of polls.
“Trump’s numbers are just looking so bad, and if the Fed needs to keep interest rates at zero and we have the potential for a resurgence in Covid cases, then Trump is not going to benefit from an economic recovery, and as a result, that gives Biden a better chance of being elected,” said Stovall. “It’s not necessarily that the market dislikes Biden, but they dislike uncertainty. And a decline in equity prices would be representative of that uncertainty.”

Consumer barometer

Retail sales are typically a barometer for consumer spending, and when Americans were shut in their homes they did much less shopping than usual. April data showed a 16.7% drop in sales, but consumers did spend online.
Economists are watching Tuesday’s report on May sales closely, particularly after the May jobs report had a large upside surprise. There were 2.5 million jobs added in May, instead of an expected loss of 8.3 million.
Mark Zandi, chief economist at Moody’s Analytics, said business-to-business spending data for May implies that retail sales were flat compared with April’s depressed level and could be down 22% from a year ago.
Zandi used data from Cortera, which collects information on about $1.5 trillion in business-to-business spending. In an analysis of spending by retailers in May, it found there were gains from April in some categories, including furniture, gasoline stations and restaurants.
“Clothing and sporting goods store sales have been crushed, and that continued in May. Restaurants, gasoline stations and furniture stores have been hit hard, but showed strong improvement in May. Food and health and personal care stores have done well through the crisis, but gave some of that back in May,” notes Zandi. “Online retailers, general merchandise stores (which includes WalMart and Target), and building material and garden supply stores (Home Depot and Lowes) have navigated the crisis well, and May was another solid month.”
Zandi said weakness in apparel and sporting goods washed out the gains in other areas.

Fed ahead

Strategists said Powell did not surprise the market with his comments this past week, but his sober approach reminded investors that the Fed policy will have to be in place for a very long time to pull the economy out of its deep rut. That will keep markets on high alert during his two days of testimony.
“I think the cat’s out of the bag. I don’t think he can sugarcoat it. The thing he’s got to worry about is he needs help. He needs Congress and the administration to come up with another fiscal rescue package. He can’t do it on his own,” said Zandi. “He has to keep the pressure on them and get a piece of legislation before they go on August recess. ... He’s speaking as much to the American people as he is to the policy makers.”
Zandi said the Fed has acted aggressively and swiftly to unfreeze credit markets when they locked up in March, but the economy needs more stimulus ahead of a wave of potential business defaults and with a high level of unemployment. The Fed’s balance sheet has ballooned to $7.2 trillion, and on Wednesday the central bank committed to monthly purchases of $80 billion in Treasury securities and $40 billion in mortgage securities.
“I think he continues to lay the foundation for policy changes to come,” said Zandi. “He’s strongly suggesting there’s going to be more monetary support, and that would come in the form of a few things - it would be performance dependent forward guidance. ... He’s going to make it clear until the economy is at full employment and inflation is at least at target, if not above.”
Zandi said Powell may discuss yield curve controls, which would mean the Fed would set targets for interest rate levels in the Treasury market, and make purchases to influence rates. Some economists believe the Fed will adopt that tool before the end of the year.
“I think he’s going to more clearly define the amount of QE they’re doing going forward. He’ll try to preserve some optionality, but he’ll try to make it known, they’re buying a lot of bonds for a long time to come,” Zandi said.
But the hearings could be more politicized, and Powell may be criticized by Congress for helping financial markets more than Main Street, said John Briggs, head of strategy at NatWest Markets. “I’d be surprised if there’s a lot new, given it comes on the heels of the FOMC meeting,” Briggs said.

This past week saw the following moves in the S&P:

(CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!)

Major Indices for this past week:

(CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!)

Major Futures Markets as of Friday's close:

(CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!)

Economic Calendar for the Week Ahead:

(CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!)

Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close:

(CLICK HERE FOR THE CHART!)

S&P Sectors for the Past Week:

(CLICK HERE FOR THE CHART!)

Major Indices Pullback/Correction Levels as of Friday's close:

(CLICK HERE FOR THE CHART!

Major Indices Rally Levels as of Friday's close:

(CLICK HERE FOR THE CHART!)

Most Anticipated Earnings Releases for this week:

(CLICK HERE FOR THE CHART!)

Here are the upcoming IPO's for this week:

(CLICK HERE FOR THE CHART!)

Friday's Stock Analyst Upgrades & Downgrades:

(CLICK HERE FOR THE CHART LINK #1!)
(CLICK HERE FOR THE CHART LINK #2!)

Is This The Start Of A New Bear Market?

“Stocks take an escalator up, but an elevator down.” — Old investment axiom
The saying above sure happened yesterday. In the end, the S&P 500 Index fell 5.9% for the worst day since March 16 and the first three-day losing streak in more than three months. What does it mean? We’ve been on record that we expect some type of well-deserved pullback or at least consolidation after the 45% bounce off of the March 23 lows and the best 50-day rally ever. Then add in the fact that June has been the worst month of the year for stocks since 2000 and some type of weakness is perfectly logical here and now.
“In many ways, this is one of the most overbought stock markets we’ve ever seen. Now the catch to this is previous times we’ve seen major levels similar to now have been closer to the beginning of bull markets than the end of bull markets,” explained LPL Financial Senior Market Strategist Ryan Detrick.
This is now one of the greatest surges off a major low ever. It is perfectly normal to see a drawdown of double digits after the initial surge weakens. This could be happening now.
(CLICK HERE FOR THE CHART!)
We’ve shown that huge up months like April tend to eventually resolve higher, but some near-term weakness is possible.
(CLICK HERE FOR THE CHART!)
Also, when more than 90% of the stocks in the S&P 500 are above their 50-day moving average, this shows solid longer-term results. Again, suggesting that very overbought isn’t always a bad thing.
(CLICK HERE FOR THE CHART!)
There was a huge spike in stocks marking new monthly highs, again historically an overbought signal. This opens the door for some near-term weakness, but is a very positive sign longer-term.
(CLICK HERE FOR THE CHART!)
Last, in the LPL Chart of the Day, the S&P 500 was recently more than 13% above the 50-day moving average, one of the highest levels ever. The good news is one-year later stocks were higher every single time. Yet another clue that historically overbought isn’t always a bad thing for the bulls.
(CLICK HERE FOR THE CHART!)
A record run, over-the-top excitement from small traders, the Nasdaq at 10,000, historically high multiples, and seasonality all could be a factor in why a pullback here could be perfectly normal. In fact, if you are bullish, after a 45% rally, one of the best things would be for prices to reset some here over the coming months. We would be a buyer of weakness and use it as an opportunity for longer-term price appreciation.

Persistent Volatility Runs Into Resistance & Exuberant Sentiment

We have all been gobsmacked by velocity and strength of this V-shaped rally off the March 23 bear market low. For the record this rally became an official Ned Davis Research defined bull market on May 26 when DJIA was up 30% from the low when it made a new recovery high after 50 calendar days (see NDR definitions below). And this was on the back of the shortest bear market on record, which lasted only 40 days. Today’s market comeuppance is an important reminder that we need to be patient with this market and heed our cautious analysis and stance.
This is still the “Worst Six Months” and as we warned in the May Outlook when the market is down during the “Best Six Months” (November-April) as they were in 2020, the “Worst Six Months” (May-October) were down or flat 86% of the time with a median S&P decline of -6.7% since 1950.
Other seasonal indicators are also flashing the caution sign. This year’s negative January Barometer and breached December DJIA low, point to possible retests of the lows and choppy, volatile trading over the next several months. See the updated composite graph of the seasonal pattern for these 22 years since 1950 in the June Outlook.
It appears that quite a fair amount of hope was built into the rally. Lots of hope that everything is just going back to the way it was real soon. But COVID cases are on the climb again and folks are concerned that a pause and/or reverse of reopening could delay the economic recovery and derail the bull. Up until the past few days it felt like mid-February again with the market ignoring economic and corporate data as momentum pushed everything higher.
The jobs report was a bit unbelievable and then Fed Chairman Powell’s candor and reserved outlook at yesterday’s press conference put the fear right back into the market today. Meanwhile the Atlanta Fed’s GDPNow model currently estimates that 2020 Q2 GDP growth will be down -48.5%.
Sentiment had also become rather exuberant as the Weekly CBOE Equity Only Put/Call ratio we track in the “Pulse of the Market” hit 0.43 last week – its lowest level since the week ending 4/10/2010 about three weeks before the infamous flash crash. Investor’s Intelligence Advisors Sentiment survey Bullish advisors are now up to 56.9%. Correction advisors are down to 22.5% while Bearish advisors have slipped further to 20.6%, putting us at caution levels.
Technically, things deteriorated rapidly today. After blasting through several levels of resistance we have been tracking as shown in the chart here S&P 500 stalled at 3210 and plunged 5.9% today through 3115 support/resistance and closed just below 3010 support/resistance which sits at the 2019 summer highs. The next major support level below here is 2725 right near where the 50-day moving average turned up in mid-May, which would be a 15.7% correction from the recent recovery high reached this past Monday, June 8.
(CLICK HERE FOR THE CHART!)
Ned Davis Research bull and bear market definitions:
A cyclical bull market requires a 30% rise in the DJIA after 50 calendar days or a 13% rise after 155 calendar days. Reversals of 30% in the Value Line Geometric Index since 1965 also qualify. A cyclical bear market requires a 30% drop in the DJIA after 50 calendar days or a 13% decline after 145 calendar days. Reversals in the Value Line Geometric Index also qualify. Bull and bear markets are measured at peak and trough dates, so both the time and price criteria must be met as of the peak and trough dates.

More Volatility Likely During June Options Expiration Week and Beyond

The second Triple Witching Week (Quadruple Witching if you prefer) of the year brings on some volatile trading with losses frequently exceeding gains. NASDAQ has the weakest record on the first trading day of the week. Triple-Witching Friday is usually better, DJIA has been up ten of the last seventeen years.
Full-week performance is choppy as well, littered with greater than 1% moves in both directions. The week after Triple-Witching Day is horrendous. This week has experienced DJIA losses in 26 of the last 30 years with an average decline of 1.07%. S&P 500 and NASDAQ have fared slightly better during the week after over the same 30-year span, declining 0.72% and 0.23% respectively on average.
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Here are the most notable companies reporting earnings in this upcoming trading week ahead-
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Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:

Monday 6.15.20 Before Market Open:

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Monday 6.15.20 After Market Close:

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NONE.

Tuesday 6.16.20 Before Market Open:

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Tuesday 6.16.20 After Market Close:

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Wednesday 6.17.20 Before Market Open:

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NONE.

Wednesday 6.17.20 After Market Close:

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Thursday 6.18.20 Before Market Open:

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Thursday 6.18.20 After Market Close:

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Friday 6.19.20 Before Market Open:

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NONE.

Friday 6.19.20 After Market Close:

([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())
NONE.

Kroger Co. $32.26

**Kroger Co. (KR) is confirmed to report earnings at approximately 8:30 AM ET on Thursday, June 18, 2020. The consensus earnings estimate is $0.88 per share on revenue of $40.12 billion and the Earnings Whisper ® number is $0.98 per share. Investor sentiment going into the company's earnings release has 85% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 22.22% with revenue increasing by 7.70%. Short interest has increased by 55.5% since the company's last earnings release while the stock has drifted higher by 5.3% from its open following the earnings release to be 12.5% above its 200 day moving average of $28.68. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, May 13, 2020 there was some notable buying of 10,009 contracts of the $36.00 put expiring on Friday, July 17, 2020. Option traders are pricing in a 8.6% move on earnings and the stock has averaged a 4.4% move in recent quarters.

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MFA Financial Inc $2.61

**MFA Financial Inc (MFA) is confirmed to report earnings at approximately 8:30 AM ET on Tuesday, June 16, 2020. Investor sentiment going into the company's earnings release has 30% expecting an earnings beat. Short interest has increased by 122.9% since the company's last earnings release while the stock has drifted lower by 67.1% from its open following the earnings release to be 55.0% below its 200 day moving average of $5.80. Overall earnings estimates have been unchanged since the company's last earnings release. On Tuesday, June 9, 2020 there was some notable buying of 9,992 contracts of the $4.00 call expiring on Friday, June 19, 2020. The stock has averaged a 1.2% move on earnings in recent quarters.

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Groupon, Inc. $21.75

**Groupon, Inc. (GRPN) is confirmed to report earnings at approximately 4:10 PM ET on Tuesday, June 16, 2020. The consensus estimate is for a loss of $1.92 per share on revenue of $400.24 million and the Earnings Whisper ® number is ($1.85) per share. Investor sentiment going into the company's earnings release has 35% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 3,940.00% with revenue decreasing by 30.80%. Short interest has decreased by 20.4% since the company's last earnings release while the stock has drifted higher by 1,026.9% from its open following the earnings release to be 47.9% below its 200 day moving average of $41.78. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, June 5, 2020 there was some notable buying of 6,979 contracts of the $1.50 call expiring on Friday, June 19, 2020. Option traders are pricing in a 2.7% move on earnings.

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JinkoSolar Holding Co., Ltd. $17.85

**JinkoSolar Holding Co., Ltd. (JKS) is confirmed to report earnings at approximately 6:45 AM ET on Monday, June 15, 2020. The consensus earnings estimate is $0.75 per share on revenue of $1.00 billion. Investor sentiment going into the company's earnings release has 62% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 400.00% with revenue increasing by 15.27%. Short interest has decreased by 4.0% since the company's last earnings release while the stock has drifted lower by 4.0% from its open following the earnings release to be 6.6% below its 200 day moving average of $19.11. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, June 8, 2020 there was some notable buying of 3,793 contracts of the $25.00 call expiring on Friday, June 19, 2020. Option traders are pricing in a 15.7% move on earnings and the stock has averaged a 8.7% move in recent quarters.

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Oracle Corp. $51.86

**Oracle Corp. (ORCL) is confirmed to report earnings at approximately 4:00 PM ET on Tuesday, June 16, 2020. The consensus earnings estimate is $1.17 per share on revenue of $10.85 billion and the Earnings Whisper ® number is $1.22 per share. Investor sentiment going into the company's earnings release has 61% expecting an earnings beat The company's guidance was for earnings of $1.20 to $1.28 per share. Consensus estimates are for year-over-year earnings growth of 0.86% with revenue decreasing by 2.57%. Short interest has decreased by 12.2% since the company's last earnings release while the stock has drifted higher by 16.7% from its open following the earnings release to be 2.2% below its 200 day moving average of $53.02. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, June 8, 2020 there was some notable buying of 25,106 contracts of the $60.00 call expiring on Friday, June 19, 2020. Option traders are pricing in a 6.7% move on earnings and the stock has averaged a 6.1% move in recent quarters.

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Lennar Corp. $59.25

**Lennar Corp. (LEN) is confirmed to report earnings at approximately 6:00 AM ET on Tuesday, June 16, 2020. The consensus earnings estimate is $1.29 per share on revenue of $5.73 billion. Investor sentiment going into the company's earnings release has 61% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 0.77% with revenue increasing by 3.00%. Short interest has decreased by 0.4% since the company's last earnings release while the stock has drifted higher by 97.6% from its open following the earnings release to be 5.8% above its 200 day moving average of $56.00. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, June 10, 2020 there was some notable buying of 7,571 contracts of the $65.00 call expiring on Friday, June 19, 2020. Option traders are pricing in a 10.4% move on earnings and the stock has averaged a 4.1% move in recent quarters.

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CarMax, Inc. $89.98

**CarMax, Inc. (KMX) is confirmed to report earnings at approximately 6:50 AM ET on Friday, June 19, 2020. The consensus estimate is for a loss of $0.08 per share on revenue of $2.39 billion and the Earnings Whisper ® number is $0.01 per share. Investor sentiment going into the company's earnings release has 27% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 105.03% with revenue decreasing by 55.46%. Short interest has increased by 0.1% since the company's last earnings release while the stock has drifted higher by 83.6% from its open following the earnings release to be 5.8% above its 200 day moving average of $85.05. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, June 2, 2020 there was some notable buying of 1,017 contracts of the $92.50 put expiring on Friday, June 19, 2020. Option traders are pricing in a 12.1% move on earnings and the stock has averaged a 4.5% move in recent quarters.

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Townsquare Media, Inc. $5.09

**Townsquare Media, Inc. (TSQ) is confirmed to report earnings at approximately 7:00 AM ET on Monday, June 15, 2020. The consensus earnings estimate is $0.10 per share on revenue of $95.77 million and the Earnings Whisper ® number is $0.08 per share. Investor sentiment going into the company's earnings release has 62% expecting an earnings beat Consensus estimates are for year-over-year earnings growth of 11.11% with revenue increasing by 2.23%. On Monday, June 8, 2020 there was some notable buying of 624 contracts of the $7.50 call expiring on Friday, June 19, 2020.

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H&R Block Inc. $17.87

**H&R Block Inc. (HRB) is confirmed to report earnings at approximately 4:20 PM ET on Tuesday, June 16, 2020. The consensus earnings estimate is $3.01 per share on revenue of $1.73 billion and the Earnings Whisper ® number is $2.23 per share. Investor sentiment going into the company's earnings release has 37% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 30.32% with revenue decreasing by 25.83%. Short interest has decreased by 31.1% since the company's last earnings release while the stock has drifted lower by 6.5% from its open following the earnings release to be 15.3% below its 200 day moving average of $21.09. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, May 29, 2020 there was some notable buying of 11,609 contracts of the $17.00 put expiring on Friday, June 19, 2020. Option traders are pricing in a 12.9% move on earnings and the stock has averaged a 3.5% move in recent quarters.

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Motorcar Parts of America, Inc. $15.89

**Motorcar Parts of America, Inc. (MPAA) is confirmed to report earnings at approximately 8:00 AM ET on Monday, June 15, 2020. Investor sentiment going into the company's earnings release has 45% expecting an earnings beat. Short interest has decreased by 22.3% since the company's last earnings release while the stock has drifted lower by 18.9% from its open following the earnings release to be 7.1% below its 200 day moving average of $17.10. Option traders are pricing in a 16.4% move on earnings and the stock has averaged a 7.1% move in recent quarters.

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DISCUSS!

What are you all watching for in this upcoming trading week?
I hope you all have a wonderful weekend and a great trading week ahead wallstreetbets.
submitted by bigbear0083 to wallstreetbets [link] [comments]

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