Plus, retail sales jumped a record 17.7% in May, a sturdy from the University of Oxford showed a common anti-inflammatory drug proves to save lives among those sickest with COVID-19, and McDonald’s shares are slightly higher on improved sales in May.
Read MorePlus, stocks rebounded off yesterday’s lows but experts warn there’s more pain ahead in the near-term, Wynn resorts got a boost after an update on its Macau casinos, and American Airlines shares are up after the carrier said an uptick in demand could help it wipe out its cash burn by the end of the year.
Read MorePlus, Treasury Secretary Mnuchin said “we can’t shut down the economy again” for a second wave, weekly jobless claims came in at more than 1.5 million, and Regeneron said it started the first clinical trial of its coronavirus antibody treatment.
Read MorePlus, the OECD warned that the coronavirus has caused the worst recession outside wartime in 100 years, Starbucks expects to lose $3.2 billion in revenue in its fiscal third quarter, and Taubman shares are down more than -20% after Simon Property Group said it is terminating its deal to acquire the luxury mall owner.
Read MorePlus, Dick’s Sporting Goods reported a 30% decline in same-store sales, and Stitch Fix is laying off 1,400 workers.
Read MorePlus, health officials warned the protests could exacerbate the coronavirus outbreak in vulnerable communities, China suspended purchases of some U.S. agricultural products amid growing tensions, and Tesla shares are up after the successful SpaceX launch this weekend.
Read MorePlus, New Jersey Governor Murphy said the state may have to layoff 200,000 due to a $10.1 billion revenue shortage amid the coronavirus crisis, GM will reopen its American plants starting Monday, and Nordstrom shares are down after the department store reported net sales fell 40% last quarter.
Read MorePlus, the U.S. is stepping up pressure on China, the EU unveiled an unprecedented stimulus plan, and Boeing plans to lay off more than 6,000 workers this week.
Read MorePlus, stocks are higher on optimism related to increased economic activity as economies continue to reopen, Autozone reported better-than-expected earnings, and Micron shares are up after an upgrade from Needham.
Read MoreBuy Price: $3.00 or better Sell Price: TradersPro Sell Signal CytoDyn Inc., a late-stage biotechnology company, focuses on the clinical development and commercialization of humanized monoclonal antibodies to treat human immunodeficiency virus (HIV) infection. Its lead product is PRO 140, a therapeutic anti-viral agent, which is in Phase IIb extension study for HIV as monotherapy, […]
Read MorePlus, Moderna shares are down after a report throwing cold water on its preliminary vaccine results, doctors in China are seeing the coronavirus manifest differently in a second wave of infections, Google Cloud landed a new contract with the DoD, and Lowe’s reported online sales surged 80% in its first quarter.
Read MorePlus, Trump threatened to permanently halt funding to the World Health Organization, major tech executives sent a letter to Congress urging another $1 trillion in relief for state and local governments, airlines are seeing bookings rise, and Pier 1 is seeking approval to wind down its business completely.
Read MorePlus, Fed Chairman Powell said the U.S. economy could shrink 30% in the second quarter, oil surged to a two-month high, and FedEx and Microsoft are teaming up to “transform commerce” with a new data service.
Read MoreThis sector has been surging lately, and one trader just placed a big wager that the group will continue to climb.
Read MoreTrade Setup Stocks found in this category are low priced stocks priced between .50 and $1, with at least 50k shares of average shares trading per day. The stocks are pausing a trend either up or down, with a new bar over the prior day open or close. These are high reward to risk stocks with the […]
Read More