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Was The Smart Money Right About Dumping Occidental Petroleum Corporation (OXY)?

While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, virus news and stimulus talks, many smart money investors are starting to get cautious towards the current bull run since March and hedging or reducing many of their long positions. Some fund managers are betting on Dow hitting […] …read more […]

Newsmakers

CloudMD (OTC: DOCRF)Announces Closing of Oversubscribed $37.26 Million Bought Deal Public Offering

VANCOUVER, British Columbia, Nov. 09, 2020  — CloudMD Software & Services Inc. (TSXV: DOC, OTCQB: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), a telemedicine company revolutionizing the delivery of healthcare to patients, is excited to […]

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'COVID is still an uncertainty' despite vaccine news, says market strategist

Victoria Fernandez, Chief Market Strategist at Crossmark Global Investments, joins Yahoo Finance Live to discuss market moves following positive news of Pfizer and BioNTech’s COVID-19 vaccine, and her outlook on “work-from-home” names including Zoom Video and Peloton. …read more […]

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Fauci Hails ‘Extraordinary’ Trial Data; N.J. Curbs: Virus Update

(Bloomberg) — The Covid-19 vaccine being developed by Pfizer and BioNTech prevented more than 90% of infections in a study, the most encouraging scientific advance so far in the battle against the coronavirus. Novavax’s experimental vaccine received a fast-track designation from U.S. regulators.Meanwhile, the pandemic shows no signs of slowing, with worldwide infections surpassing 50 million. Cases in the U.S. topped 100,000 for a fourth day, bringing the nation’s total close to the 10 million mark. U.S. President-elect Joe Biden announced a new 13-member coronavirus task force, and New Jersey is preparing more restrictions.Germany has more severe Covid patients than …read more […]