Coronavirus: Moderna Inc. Nearing a Potential Vaccine
There’s fear the “second wave” of the coronavirus is already here. In fact, new cases and hospitalizations are aggressively sweeping across Florida, California, Texas, Alaska, Arkansas, Kentucky, Mississippi, North Carolina, Oregon, and South Carolina. Worse, according to former FDA chief Dr. Scott Gottlieb, coronavirus hot spots “could quickly get out of control.” Thankfully, we may […]
This is Why Markets Are Not Reacting to the Protests
There’s been plenty of misery over the last few weeks. The global economy closed up shop. Businesses closed their doors. Schools ended their years early. Retailers boarded up, or went out of business. Millions of people lost their jobs. All thanks to the threat of the coronavirus. However, it looks like the worst has been […]
Fate Therapeutics Announces U.S. FDA Clearance
Fate Therapeutics (FATE) is seeing an incredible amount of momentum. Since April 2020, the stock rocketed from a low of $19.92 to $35.23, as it moves progresses with cellular immunotherapies for cancer and immune disorders. Just days ago, Fate Therapeutics announced the U.S. FDA cleared its investigational new drug (IND) application for FT538, the first […]
House Proposes $3 Trillion Stimulus Package
While the Federal Reserve races to help keep the economy afloat, the House just proposed a $3 trillion aid package called the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act—to help strengthen state and local government funding and extend relief to Americans. According to The Wall Street Journal, the HEROES Act would include: A […]
The Top 3 Moments from the Berkshire Hathaway Meeting
“Nothing can stop America.” That was Warren Buffett’s firm message at Berskshire’s 2020 annual shareholder meeting. Some of the key highlights at the meeting included: “Nothing can stop America” “The American miracle, the American magic has always prevailed, and it will do so again. … In World War II, I was convinced of this,” he […]
General Motors Cuts Dividend and Buyback Program
2020 has not been kind to dividends. Thanks to the coronavirus, General Motors (GM) just cut its quarterly cash dividend and its share buyback program. All as the virus does severe damage to global auto sales. “We continue to enhance our liquidity to help navigate the uncertainties in the global market created by this pandemic,” […]
The Top E-Commerce Stocks Higher on the COVID-19 Crisis
With the coronavirus keeping many of us at home, ecommerce is booming. In fact, online spending just in the U.S. is up more than 30% from March 2020 through mid-April 2020, says CNBC. “That is significantly more growth — about 50% more — than the annual 20% growth in online shopping the firm has become […]
Small-Cap Golden Cross Spotted on the Russell 2000
When it comes to technical analysis, moving averages are essential. For example, many traders rely on the 50-day and the 200-day simply moving average. Bullish Golden Cross For example, we can spot a bullish “golden cross” when the short-term moving average, such as the 50-day crosses above the longer-term average, such as the 200-day. When […]
Small Cap Stocks with Solid Insider Buying
Investors should always pay attention to insider buying. After all, no one knows their company like a CEO, CFO, or a Director. Over the last few days, we’ve spotted solid insider buying in the following stocks. Granite Construction (GVA) Granite Construction Incorporated operates as an infrastructure contractor and a construction materials producer in the United […]
How to Avoid the Pitfalls of Herd Mentality
In 2005, about 450 sheep jumped to their death, as reported by USA Today. One sheep jumped to its death. Hundreds more followed. Shocked shepherds watched as 1,500 others followed. As ridiculous as it may sound, it happens every day on Wall Street. Traders and investors don’t look before they jump. They just think every one […]