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Trading Ideas

‘We are starting to see in Italy what we hoped we wouldn’t see,’ says Mayo Vaccine Research Group physician

Cases of coronavirus are climbing around the globe, with the U.S. Department of Health and Human Services saying that cases of the virus throughout the Unite States will likely spike. Dr. Gregory Poland of the Mayo Vaccine Research Group joined The Final Round on Tuesday to discuss what this could mean. …read more […]

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Trading Ideas

Profiting Off Volatility With ProShares UltraShort Dow30 ETF

It was certainly a day for the ages yesterday – as the Dow had one of the single worst days in history sparked by renewed coronavirus fears.
There must be something about the month of February. Here’s an important historical note that we all should consider…
Back in February of 2018, the Dow dropped more than 1,175 points on Monday – only to drop another 1,000 the following Thursday.
I bring this up because we could very well have a repeat downside performance as the week goes on. That precedent was set two years ago – and feels like it applies again today.
That’s …read more […]

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Business News

Fed’s Clarida: We are ‘closely monitoring’ impact of coronavirus

The Federal Reserve is “closely monitoring” the escalating coronavirus outbreak but it is still too soon to gauge if it would require a change in monetary policy, Fed Vice Chair Richard Clarida said on Tuesday as the central bank continues to patiently monitor the impact of the epidemic on the U.S. economy.

…read more […]