Year: 2020

It seems like a lifetime ago, but last July I began telling War Room members to take positions in gold stocks.
Since then, members have been in and out of Barrick Gold, Newmont, Sandstorm Gold, Americas Gold and Silver, Osisko Gold Royalties and Equinox Gold, including some “off balance sheet” plays like Yamana Gold, Sibanye-Stillwater and EMX Royalty Corp.
Members have been locking in winner after winner, and just between last Friday and today they have taken two more winners and have two more positions that will result in even more gains.
On Friday members closed out our most recent trade recommendation on …read more […]

It seems like a lifetime ago, but last July I began telling War Room members to take positions in gold stocks.
Since then, members have been in and out of Barrick Gold, Newmont, Sandstorm Gold, Americas Gold and Silver, Osisko Gold Royalties and Equinox Gold, including some “off balance sheet” plays like Yamana Gold, Sibanye-Stillwater and EMX Royalty Corp.
Members have been locking in winner after winner, and just between last Friday and today they have taken two more winners and have two more positions that will result in even more gains.
On Friday members closed out our most recent trade recommendation on …read more […]

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Policymakers ramped up talk of reopening businesses, and a major drugmaker’s treatment reportedly showed promise in treating patients diagnosed with COVID-19. …read more […]

(Bloomberg) — Tentative steps toward progress in the economy and the fight against the coronavirus helped push U.S. stock futures higher.Contracts on the S&P 500 climbed 2.6% as of 6:03 p.m. in New York. Shares of Boeing Co. surged 7% in afterhours trading after saying it will resume commercial plane production at a plant near Seattle next week. Gilead Sciences Inc. jumped 14% on a report describing anecdotal evidence of shortened hospitalizations in Covid-19 patients being treated in Chicago with the company’s experimental drug remdesivir.After rising 0.2% in the regular session on speculation that President Donald Trump will map out …read more […]

(Bloomberg) — Saudi Arabia and Russia signaled they may be open to further output cuts after the latest OPEC+ deal to curb global oil supplies failed to stem the crude’s downward spiral.The two nations said they will “continue to closely monitor the oil market and are prepared to take further measures jointly with OPEC+ and other producers if these are deemed necessary,” Russian Energy Minister Alexander Novak and his Saudi counterpart Prince Abdulaziz bin Salman said in a joint statement published after a phone call.Oil has plunged more than 10% since the group on Sunday agreed to trim worldwide production …read more […]

(Bloomberg) — Gilead Sciences Inc. shares climbed in late trading Thursday after a report that a group of patients being treated in Chicago were “seeing rapid recoveries in fever and respiratory symptoms.”The report, from the medical news publication Stat, cited a video made by a researcher at the University of Chicago who is helping conduct a trial of Gilead’s drug remdesivir. The researcher, infectious disease professor Kathleen Mullane, said that most patients had been discharged from the hospital and only two had died, according to Stat. Gilead’s drug is one of the most-watched therapies being studied for treatment of Covid-19 …read more […]

Sam Stovall, CFRA Strategist, joined Yahoo Finance’s Jen Rogers, Myles Udland, Akiko Fujita, Andy Serwer, and Rick Newman to recap today’s market action. …read more […]

“Our industry will need the government’s support, which will be critical to ensuring access to credit markets and likely take the form of loans versus outright grants,” Boeing chief executive Dave Calhoun told employees in a letter seen by Reuters. About 27,000 Boeing workers in the Puget Sound area will return to production of the 747, 767, 777 and 787 jet programs. In January, Boeing halted production of the 737 MAX after two fatal crashes in five months. …read more […]

(Bloomberg) — Apple Inc. Chief Executive Officer Tim Cook led a companywide virtual meeting on Thursday to address concerns about the impact of Covid-19 and discuss the iPhone maker’s plan to return to work.During the meeting, Cook called the pandemic an “uncertain and stressful moment,” but expressed confidence that the company will emerge strongly from the crisis, as it did after the 2008 recession and following a near-bankruptcy in the late 1990s.He said Apple entered the coronavirus pandemic with a strong balance sheet and stressed that the company will keep investing in a “really significant way” in research and development …read more […]