Bear Market

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Why One Expert Says The Next 45 Days May Be “The Most Critical Period In U.S. Financial History”

The current market “is like no other” in U.S. history and it’s fate—and that of the U.S. economy—may depend on what happens in the next 45 days. Here’s why.

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BAX is an example of market risk from near-term pandemic effects

Healthcare stocks remain a prime area of focus for my analysis right now, and will continue to be as all of North America struggles to find a justifiable reason to get national economies restarted. I think that the basis for any kind of reopening of businesses has to come from evidence not merely that infections […]

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Mark Mobius Just Warned The Market Hasn’t Reached “The Absolute Bottom Yet”

The investing veteran says the market may be in for “a double bottom” as earnings look grim and economic data becomes bleaker.

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Congress Is Working On Another $1 Trillion Stimulus Package

Plus, the S&P may have just entered a new bull market, Darden Restaurants shares are up after it said to-go orders are surging, and Carnival shares are up after the Saudi sovereign wealth fund takes a big stake in the cruise operator.

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Amazon
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One Technician Says This Big-Name Stock’s Chart Is Pointing To A Rebound

This stock was one of the only stocks to end the first quarter in the black, and it’s headed for more upside ahead.

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Oil Just Fell To An 18-Year Low & Could Keep Falling – Here’s Why

Plus, President Trump abandoned his hope of re-opening the U.S. economy by Easter as cases surge to more than 143,000, Macy’s said it is furloughing the majority of its 130,000 employees, and Johnson & Johnson said it will begin human trails on its experimental COVID-19 vaccine by September.

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US Economy

Consumer Sentiment Slipped By The Most Since October 2008 This Month As The Coronavirus Grinds The U.S. Economy To A Halt

Plus, the $2 trillion stimulus bill has hit a snag in the House, the U.S. now has the most cases of the coronavirus in the world, and Novartis’ CEO said it’s “too soon” to say if two anti-malaria drugs will be an effective vaccine against the deadly virus.

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US Treasuries

Senate & White House Come To Agreement On Historic $2 Trillion Coronavirus Stimulus Package

Plus, 1 month and 3 month Treasury yields slipped into negative territory this morning, Target withdrew its full-year forecast, and Nike shares are rising after the sneaker maker reported better-than-expected sales.

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Auto Industry
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US Economy

Chevron Shares Rocket Higher After The Company Said It Will Maintain Its Dividend

Plus, the market is higher on optimism that a third stimulus bill will be finalized today, Gilead Sciences’ experimental COVID-19 treatment, remdesivir, received Orphan Drug Designation from the FDA, and General Motors said it is conserving cash and drawing down $16 billion from credit lines.

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Don’t buy the hype; SAFM is a defensively positioned value trap

I had to chuckle this weekend a bit as I read some some market news reports. The market has dropped far enough that in the latter part of the week, I think investors were starting to look for reasons to start buying. Friday looked set to mark the first time in weeks the market managed […]

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Bear Market
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“The Pandemic Is Accelerating” WHO Says As Global Coronavirus Cases Surpass 350,000

Plus, the Fed issued new initiatives in an effort to calm the market, the Senate is still negotiating a $2 trillion stimulus package, GE’s aviation unit is laying off 10% of its workforce, and CVS is hiring 50,000 workers.

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