Trading Ideas
Year: 2020
Trading Ideas
Coronavirus update: WHO warns of 'global level risk' as pandemic fears wallop global markets
The World Health Organization’s warning on Friday that the coronavirus was now a “global level” risk intensified fears for the global economy. …read more […]
Trading Ideas
Trading Ideas
What Is Marathon Oil's (NYSE:MRO) P/E Ratio After Its Share Price Tanked?
Unfortunately for some shareholders, the Marathon Oil (NYSE:MRO) share price has dived 33% in the last thirty days… …read more […]
Business News
Wall Street eyes worst week since financial crisis on pandemic fears
Wall Street’s main indexes were on track for their worst week since the 2008 global financial crisis on Friday as the selloff deepened on fears that the fast-spreading coronavirus could lead to a recession.
Business News
U.S. regulators to rate new auto tech, but Europe leads in safety testing
Autopilot, Super Cruise and Drive Pilot are different names given to technology that automates steering and braking in a growing number of vehicles, but none of it can safely “pilot” cars without regular human intervention.
Trading Ideas
This Fragile Market
It’s been a bloody week for the market. But it’s important to remember that the S&P 500 is down only about 3% so far in 2020. And believe it or not, the market is still up 10% over the last year.
I think we could be headed a lot lower. Even before the novel coronavirus happened, the market was fragile. Profits were slowing, as was the market before central banks lowered rates and brought back quantitative easing (QE).
In my view, the Fed’s low rates and easy money were the only things keeping the U.S. bull market alive (more on that here).
Low …read more […]
Trading Ideas
3 scenarios for how COVID-19 plays out: Morgan Stanley
A new note from Morgan Stanley shows three possible scenarios for the economy. We are currently headed for the second scenario. …read more […]
Trading Ideas
What Should Investors Do Today? Follow the Advice I Gave Last Month
The market has been particularly volatile over the last six sessions. What should investors do?
Follow Alexander Green’s time-tested advice for wealth creation.
It’s certainly been an interesting seven days for the stock market.
Last Wednesday, the S&P 500 hit a new all-time high. But over the last seven sessions, it has plummeted 16%.
The Dow had its biggest point drop in history yesterday. And it is on track for an equally large drop today.
This has already been the single worst week for the market since the financial crisis.
The Dow, the Nasdaq and the S&P 500 are all in correction territory, along with markets …read more […]
Trading Ideas
What Should Investors Do Today? Follow the Advice I Gave Last Month
The market has been particularly volatile over the last six sessions. What should investors do?
Follow Alexander Green’s time-tested advice for wealth creation.
It’s certainly been an interesting seven days for the stock market.
Last Wednesday, the S&P 500 hit a new all-time high. But over the last seven sessions, it has plummeted 16%.
The Dow had its biggest point drop in history yesterday. And it is on track for an equally large drop today.
This has already been the single worst week for the market since the financial crisis.
The Dow, the Nasdaq and the S&P 500 are all in correction territory, along with markets …read more […]
Healthcare
CytoDyn to Hold Conference Call for Updates on Filing Phase 2 Trial with FDA for Treatment of Coronavirus in U.S., Status of BLA, Breakthrough Therapy Designation, Basket Trial for 22 Solid Tumor Cancers and Licensing Opportunities in Several Countries
VANCOUVER, Washington, Feb 28, 2020 — CytoDyn Inc. (otc.qb:CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today that Nader […]
Trading Ideas
Apple’s Tim Cook Sees Minor Supply Chain Changes in Wake of Virus
(Bloomberg) — Apple Inc. Chief Executive Officer Tim Cook suggested the iPhone maker wouldn’t make any quick moves out of China in light of interruptions due to the coronavirus and called the situation a “temporary condition.”“We’re talking about adjusting some knobs, not some sort of wholesale, fundamental change,” he said in an interview aired Friday on Fox Business.Apple’s China-focused supply chain is facing two major tests — first from a trade war between the U.S. and China and more recently from manufacturing outages spurred by the spread of the virus across the world’s most populous nation.Read more: Apple Outlook Cut …read more […]
Business News
Consumer spending, inflation cool; spotlight on Fed amid coronavirus outbreak
U.S. consumer spending slowed in January and could lose further momentum as the fast-spreading coronavirus outbreak, which has sparked a stock market sell-off and revived fears of a recession, causes households to tighten their purse strings.
Business News
Exclusive: SoftBank communications chief Gary Ginsberg takes leave to aid Bloomberg campaign – sources
Gary Ginsberg, the global head of communications for SoftBank Group Corp , has taken an indefinite leave of absence to advise Michael Bloomberg’s U.S. presidential campaign, people familiar with the matter said on Friday.
Trading Ideas
Occidental Goes Skinny-Dipping in a Tsunami
(Bloomberg Opinion) — Warren Buffett is credited with that old saying about receding tides and embarrassed skinny-dippers. In Occidental Petroleum Corp.’s case, the lack of swimwear is one problem, but so is the anchor tied around its ankle. Part of that anchor is the old sage himself.Oxy, as it is known, just reported results for its first full quarter since acquiring Anadarko Petroleum Corp. In that bruising takeover battle against Chevron Corp., Berkshire Hathaway Inc. provided a crucial $10 billion check allowing Oxy to avoid a shareholder vote. It came at a steep cost of, among other goodies, an 8% …read more […]