No Picture
Trading Ideas

Coronavirus Latest: Wednesday, October 7

On Wednesday, Eli Lilly announced that it was applying for FDA emergency use authorization for its coronavirus treatment. This comes as BioNTech and Pfizer start their rolling submission of its coronavirus vaccine to the European Union’s EMA. Yahoo Finance’s Anjalee Khemlani joins The Final Round to discuss the latest on the coronavirus. …read more […]

No Picture
Trading Ideas

Clover Health IPO: Chamath Palihapitiya’s Third SPAC IPO

A Clover Health IPO is coming to the market via SPAC IPO. Chamath Palihapitiya’s third SPAC, Social Capital Hedosophia III, is acquiring the company. And investors are excited about the idea of Clover Health stock.
But is Clover Health a good investment opportunity?
Clover Health IPO: The Business

CEO Vivek Garipalli and President Andrew Toy co-founded Clover Health in 2013. Clover is the fastest growing Medicare Advantage insurer in the U.S. It focuses on affordability and partnering with physicians to give members the best possible health outcome. Clover offers Medicare Advantage plans to give consumers access to healthcare networks, supplemental benefits and low …read more […]

No Picture
Trading Ideas

A Tale of 3 Chip Stocks; 2 to Buy and 1 to Avoid

Corona may have locked us all indoors, shut down the economy for nearly half the year, and even put President Trump in the hospital – but it seems to have breezed right past the semiconductor industry. And for good reason. Semiconductor chips are essential to our economy. From mobile devices to laptop computers to wifi to factory floors, pretty much everything in our lives runs on semiconductor chips.A look at the numbers will bear this out. The fifteen largest chip makers saw a combined $314 billion in sales last year, and the industry as a whole is on track to …read more […]

No Picture
Trading Ideas

Here’s Why You Shouldn’t Fear the Election Outcome

If you’re an investor and you’re worried about the tech stock sell-off or the upcoming election, you shouldn’t be!
On Tuesday I wrote about why investors shouldn’t fear a sell-off in tech stocks if it’s orderly and gradual.
Today, we’ll go one step further and take a look at the election.
But first, look at the market visualization from late-morning Wednesday thanks to our friends at Finviz.

Broad market indexes like the S&P 500 and especially the tech-heavy Nasdaq composite were down, as shown by the influx of red in the graphic. But as you can see, it was more of a redistribution of …read more […]

No Picture
Trading Ideas

Tesla has a shot at producing 500,000 cars this year, Musk says in memo

Tesla said in January that 2020 vehicle deliveries should comfortably exceed 500,000 units, a forecast the company has left unchanged despite the COVID-19 pandemic. Last week, Tesla said it delivered 139,300 vehicles in the third quarter, an all-time record for the electric-car maker. Tesla’s delivery push has been supported by its new Shanghai factory, the only plant currently producing vehicles outside California. …read more […]

No Picture
Trading Ideas

Blackout Hits Cancun After Delta Roars Ashore: Hurricane Update

(Bloomberg) — Hurricane Delta barreled across Mexico’s Yucatan Peninsula, slamming the resort areas of Cancun and Cozumel with strong winds and a dangerous storm surge, knocking out power and threatening to inflict as much as $7 billion in damage and losses.Delta threatens to become the latest in a string of deadly natural disasters in 2020, a year that has been marked by a hyperactive hurricane season, devastating wildfires and a derecho that wreaked havoc across the U.S. Midwest. They’re further evidence that the Earth’s climate is changing, bringing hotter temperatures, stronger storms and more widespread destruction.Though Delta has weakened to …read more […]