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Stocks Amid COVID-19 Outbreak: Winners So Far in the Health Industry

At its worst on March 23rd, Dow Jones and the S&P declined by around 37% and 34%. At the time, those kinds of numbers represented a loss of a 3-year gain since Trump’s election in November of 2016. Measured by VIX, market volatility spiked by 43% in March, reaching levels that are comparable to the […] …read more […]

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Coronavirus latest: Monday, May 18

On Monday, Moderna announced that its coronavirus vaccine, mRNA-1273, had seen very strong, positive data from its phase 1 clinical studies. Yahoo Finance’s Anjalee Khemlani joins The Final Round to break down the latest news about the coronavirus. …read more […]

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As flying returns, jetmakers seek to quell fears over cabin air

Boeing has appointed former engineering and development chief Mike Delaney to head wider efforts to build confidence, and Airbus leaders say the industry is moving from an initial crisis phase to securing public trust. Health officials are still quantifying various sources of transmission for COVID-19 disease caused by the virus, but attention focuses on the risk of catching it from airborne droplets from coughing or sneezing passengers as well as from touching infected surfaces. “It’s about explaining what we do for the safety of passengers in the large sense: aircraft safety but also sanitary …read more […]

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PG&E's bankruptcy plan wins support from wildfire victims

Pacific Gas & Electric’s plan for getting out of bankruptcy has won overwhelming support from the victims of deadly Northern California wildfires ignited by the utility’s fraying electrical grid, despite concerns that they will be shortchanged by a $13.5 billion fund that’s supposed to cover their losses. The backing of the wildfire victims keeps PG&E on track to meet a June 30 deadline to emerge from bankruptcy in time to qualify for a coverage from a California wildfire insurance fund created to help protect the utility from getting into financial trouble again. The current bankruptcy case, which began …read more […]

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Swing Trading: What It Is and How to Do it

Swing trading is a style of stock trading that focuses on the medium term. It differs from trading that focuses on shorter duration like day trading and longer durations trend trading.
Swing trading also differs from long term investing. Each of these trading and investing styles have their own pros and cons.
Some investors believe that buying and holding longterm is the only viable trading strategy for beating the market over time. But many shorter term traders disagree.
In this article, we will take a look at what swing trading is and how to do it.

What Is Swing Trading
You can understand swing trading …read more […]

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Do Bears Lack Imagination, Knowledge… or Both?

Stock market bears insist that the recent rally off the coronavirus crash makes no sense.
As Alexander Green explains today, most of them lack imagination or simply don’t understand how markets work – or both.

The majority of Americans have either never owned stocks or sold them in a panic during the last financial crisis.
They missed out entirely on the longest-running bull market in history, the one that began in March 2009 and ended in February of this year.
(The S&P 500 rose over 400% during the period. Our favorite stocks did considerably better.)
Millions more Americans have missed out on the latest bull …read more […]

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Moderna COVID-19 vaccine data is ‘baby-step’ in right direction: Professor of Medicine at Yale

Professor of Medicine at Yale and Director of The Yale New Haven Hospital Center for Outcomes Research and Evaluation Dr. Harlan Krumholz joins Yahoo Finance’s Seana Smith to discuss Moderna’s recent headway in early-stage coronavirus vaccine trial. …read more […]

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Delta to resume flying several major routes in June

The U.S. Transportation Security Administration (TSA) screened 250,467 travelers on Friday, the first time the number has surpassed 250,000 since March 24, according to daily data on its website. Delta is adding roughly 100 more daily flights in June versus May, including service out of its Atlanta hub and New York’s John F. Kennedy International Airport to Florida, even as its overall second-quarter schedule is expected to be 85% smaller than last year. …read more […]

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Moderna Vaccine ‘Hits the Mark’ as Street Sees a Blockbuster

(Bloomberg) — Moderna Inc. got a new Wall Street-high price target from Goldman Sachs as its shares traded at a record after the biotech company revealed positive early results from its experimental vaccine for Covid-19.An initial look at mRNA-1273, as the inoculation is known, “hits the mark,” analyst Salveen Richter said, raising her price target to $105 from $63, or 27% above the prior Street high of $83. Richter rates Moderna a buy. Piper Sandler analysts soon followed raising their price target to $102 from $57 saying Moderna could have “potential blockbuster vaccine sales next year.”The Nasdaq Biotechnology Index rose …read more […]