Month: April 2020

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Trading Ideas

Top 5 Best Stocks to Buy During A Downturn

April 8, 2020 admin Comments Off on Top 5 Best Stocks to Buy During A Downturn

Finding the best stocks to buy during a downturn is a challenge for even the most seasoned investors. However, there are plenty of opportunities to make money in a volatile market. Below is a list of the top five stocks that enhance your portfolio when its needed most.

Finding the Best Stocks to Buy During A Downturn
Our list covers every angle of a bear market. Moreover, it covers the current economic crisis. This includes biotech, telecommunication and consumer goods stocks.
The top five best stocks to buy during a downturn today are:

Abbott Laboratories (NYSE: ABT)
The Clorox Company (NYSE: CLX)
Procter & Gamble (NYSE: …read more […]

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Business News

JetBlue seeks government permission to suspend flying at some airports as demand drops

April 8, 2020 admin Comments Off on JetBlue seeks government permission to suspend flying at some airports as demand drops

JetBlue Airways Corp said on Wednesday it is consolidating flights in five U.S. metropolitan areas into just one or two airports and also asking the U.S. Department of Transportation to exempt it from flying at other airports where current demand does not support its service.

…read more […]

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Trading Ideas

Morgan Stanley: 2 Stocks to Consider Buying (And 1 to Forget)

April 8, 2020 admin Comments Off on Morgan Stanley: 2 Stocks to Consider Buying (And 1 to Forget)

We’ve had more good news in the stock markets this week, lending credence to the view that recent gains are more than just a ‘bear market rally.’ Markets are up their recent trough, reached on March 23, and the gains appear to be both substantial and lasting.Investment bank Morgan Stanley has been tracking the markets closely, watching for evidence that the true bottom has been reached. The bank’s US chief equity strategist, Mike Wilson, believes that it has. He points out the “unprecedented and unbridled monetary and fiscal intervention led by the U.S.” and goes on to add that, with …read more […]

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Trading Ideas

GM to supply 30,000 ventilators in $500 million U.S. contract

April 8, 2020 admin Comments Off on GM to supply 30,000 ventilators in $500 million U.S. contract

The Department of Health and Human Services contract is the first for ventilator production under the Defense Production Act, invoked by President Donald Trump to get companies to produce essential gear needed to fight the pandemic. GM will work with ventilator firm Ventec Life Systems to deliver 30,000 ventilators under the contract to the U.S. government by the end of August, with deliveries of the first 6,132 ventilators taking place by June 1. …read more […]

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Trading Ideas

Moleculin Biotech Doubles In Pre-Market Trading On Potential Covid-19 Treatment

April 8, 2020 admin Comments Off on Moleculin Biotech Doubles In Pre-Market Trading On Potential Covid-19 Treatment

Moleculin Biotech (MBRX) today announced that 2-deoxy-D-glucose (“2-DG”) reduced the virus that causes COVID-19 by 100% in in vitro testing, according to independent research. On the news shares surged 155% in pre-market trading from $0.56 to $0.85.Researchers at the University of Frankfurt disclosed the findings in their article submitted to NatureResearch on March 11, 2020. The authors of the research reported that inhibiting glycolysis with non-toxic concentrations of 2-DG completely prevented SARS-CoV–2 replication in Caco–2 cells.Moleculin’s drug candidate, WP1122, is referred to as a “prodrug” of 2-DG as chemical elements are added to 2-DG to improve its delivery in vivo.“This …read more […]