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10 things you need to know before the opening bell

Published by Business Insider on Fri, 19 Feb 2021


<p><img src="https://static1.businessinsider.com/image/602f9a447b571500189f638b-2400/gettyimages-1075200180.jpg" border="0" alt="happy trader" data-mce-source="Xinhua/Wang Ying/Getty Images"></p><p></p><bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><p><strong><em><a href="https://newsletter.businessinsider.com/join/4np/10-things-opening-bell&amp;hash=8122c716833601fc1471f79af063b104'utm_source=markets&amp;utm_medium=ingest'utm_source=markets&amp;utm_medium=ingest'utm_source=markets&amp;utm_medium=ingest" target="_blank" rel="noopener">Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning.</a></em></strong></p><p><strong><a href="http://newsletter.businessinsider.com/join/4np/insider-investing'nr_email_referer=1&amp;utm_sou%5B" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url'q=http://newsletter.businessinsider.com/join/4np/insider-investing'nr_email_referer%3D1%26utm_sou%255B&amp;source=gmail&amp;ust=1613646148823000&amp;usg=AFQjCNG9Blk5QSBHnTowBROlRgbu-QjJEA">Sign up for Insider Investing</a></strong>&nbsp;for your weekly markets analysis.</p><p>1. <strong>US futures point higher after Thursday's sell-off</strong>. <a href="https://markets.businessinsider.com/news/stocks/stock-markets-today-us-futures-bond-yields-worry-bitcoin-2021-2-1030100896">See what markets are doing today</a>.&nbsp;</p><p>2. <strong>Janet Yellen pushes for $1.9 trillion stimulus after weak jobs numbers</strong>. Yellen said she isn't overly worried about inflation, but <a href="https://markets.businessinsider.com/news/stocks/janet-yellen-trillion-stimulus-package-checks-unemployment-jobless-claims-2021-2-1030100693">economic "scarring" is a bigger danger</a>.</p><p>3.<strong> Nine LBO modeling tests later, even a monkey could get hired at KKR (...okay, not really)</strong>.&nbsp;From Wall Street Oasis, get the&nbsp;<a href="https://www.wallstreetoasis.com/guide/private-equity-interview-prep-questions'utm_source=businessinsider&amp;utm_medium=email&amp;utm_campaign=courses" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url'q=https://www.wallstreetoasis.com/guide/private-equity-interview-prep-questions'utm_source%3Dbusinessinsider%26utm_medium%3Demail%26utm_campaign%3Dcourses&amp;source=gmail&amp;ust=1613819587223000&amp;usg=AFQjCNF2XX7jO-935ONwPZNd963JWD4JcA">skills needed to break into Private Equity (recruiting kicks off soon)</a>...</p><p>4. <strong>Elon Musk defends Tesla's $1.5 billion bitcoin bet as safer than Dogecoin</strong>. He was responding to Binance CEO Changpeng Zhao, who said he's <a href="https://markets.businessinsider.com/currencies/news/elon-musk-defends-tesla-bitcoin-bet-safer-than-dogecoin-binance-2021-2-1030100793">surprised Musk is a Dogecoin advocate</a>.</p><p>5. <strong>Keith Gill told Congress he'd still buy GameStop stock at its current price</strong>. The investor said his <a href="https://markets.businessinsider.com/news/stocks/keith-gill-congressional-hearing-reddit-trader-gamestop-stock-price-buy-2021-2-1030098824">strategy is "rather aggressive"</a> and his position is "based on the fundamentals."</p><p>6. <a href="https://markets.businessinsider.com/earnings-calendar#date=02/19/2021&amp;name=&amp;countries=&amp;eventtypes=103,99&amp;tab=L"><strong>Earnings coming in</strong></a>. Herms, RBS, and Danone are highlights.&nbsp;</p><p>7. <strong><a href="https://markets.businessinsider.com/economic-calendar">On the data docket</a></strong>. Boston Fed Reserve President Eric Rosengren's speech, IHS Markit Purchasing Manager's Index, and the Baker Hughes US oil rig count are due.</p><p>8.&nbsp;<strong>Goldman Sachs is monitoring stocks that will get a big boost from further stimulus</strong>. The firm says to <a href="https://www.businessinsider.com/stock-picks-cyclicals-fiscal-stimulus-inflation-rates-ideas-goldman-sachs-2021-2'r=opening-bell" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url'q=https://www.businessinsider.com/stock-picks-cyclicals-fiscal-stimulus-inflation-rates-ideas-goldman-sachs-2021-2'r%3Dopening-bell&amp;source=gmail&amp;ust=1613819587223000&amp;usg=AFQjCNEehJxuUlfCI5UihzssxR-LO2Vhqg">buy these 21 stocks now</a>&nbsp;ahead of that development.</p><p>9.&nbsp;<strong>Speculation is swirling around Lucid Motors going public via SPAC merger</strong>. <a href="https://www.businessinsider.com/cciv-spac-lucid-merger-millennium-citadel-blackstone-investors-hedge-funds-2021-2'r=opening-bell" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url'q=https://www.businessinsider.com/cciv-spac-lucid-merger-millennium-citadel-blackstone-investors-hedge-funds-2021-2'r%3Dopening-bell&amp;source=gmail&amp;ust=1613819587223000&amp;usg=AFQjCNGrlMJTCfviDvoVxtBMMroiQfoOpg">These 9 investors are set for a huge windfall</a>&nbsp;as shares of the SPAC Churchill Capital Corp. IV skyrocket.</p><p>10.&nbsp;<strong>Low interest rates are making substantial returns harder to come by</strong>.&nbsp;A strategist at a $903 billion firm shares&nbsp;<a href="https://www.businessinsider.com/investing-advice-3-income-generating-ideas-amid-low-bond-yields-2021-2'r=opening-bell" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url'q=https://www.businessinsider.com/investing-advice-3-income-generating-ideas-amid-low-bond-yields-2021-2'r%3Dopening-bell&amp;source=gmail&amp;ust=1613819587223000&amp;usg=AFQjCNHhbvY6HUpOgXfP8cyY5LHI-mKpZw">3 income-generating investing ideas</a>&nbsp; including one already yielding 5%.</p><p><a href="https://markets.businessinsider.com/news/stocks/opening-bell-february-19-2021-2-1030101052#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="https://www.businessinsider.com/melissa-maker-clean-your-home-quickly-cleaning-expert-2017-4">A cleaning expert reveals her 3-step method for cleaning your entire home quickly</a></p>
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