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Stocks Rise Higher Election Results Remain Up In The Air

Plus, Uber and Lyft shares are up after California voted to pass Proposition 22, ADP reported a sharp deceleration on private payroll additions in October, and Hilton reported improved earnings.

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Nikola Shares Plummet After Wedbush Issues First Sell Rating On The Street

Plus, President Trump refused to commit to a peaceful transition of power should he lose the November election, last week’s initial jobless claims were higher than expected, and United Airlines is about to start offering rapid coronavirus tests to some fliers to Hawaii.

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U.S. One-Day Rise In Coronavirus Cases At 77,255 Shatters Previous Record

Plus, cruise stocks are down after the CDC officially halts the summer sailing season, Netflix reported disappointing earnings and subscriber growth guidance, and British Airways is grounding its fleet of Boeing 747 jumbo jets ahead of schedule.

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Novavax Shares Soar After U.S. Commits $1.6 Billion To Its Coronavirus Vaccine

Plus, Regeneron said it has signed a $450 million contract with the U.S. to procure up to 1.3 million doses of its coronavirus antibody treatment, the White House is pushing Congress to pass a new stimulus bill by early August, Carnival shares are down after it canceled more cruises, and Palantir just filed to go public.

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Gap Shares Surge After Announcing A New Line With Kanye West

Plus, new coronavirus cases hit a record again, Amazon is acquiring self-driving start-up Yoox, Microsoft is permanently closing its retail locations, and Virgin Galactic successfully completed an important test.

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Virgin Galactic Just Proved It’s More Than Just Space Tourism & Shares Are Soaring

Plus, Gilead is gearing up to test an inhaled version of its antiviral drug remdesivir in the treatment of COVID-19, Microsoft is acquiring a cybersecurity startup, and Wirecard shares tanked after it said the $2.1 billion missing from its balance sheet likely doesn’t exist.

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Weekly Jobless Claims Show The Slowest Pace Of Decline Since Early April

Plus, former FDA Commissioner Dr. Scott Gottlieb said states seeing surges of new coronavirus cases are “on the cusp of losing control” of their outbreaks, Wirecard shares are down after the German payments company said auditors couldn’t confirm the existence of $2.1 billion of cash on its balance sheet, and Spotify shares are up after it inks another big podcast deal.

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BP Just Said The Coronavirus Will Accelerate The Transition To Green Energy

Plus, volatility spikes on fears of global second wave of coronavirus cases, United Airlines said its using its frequent flyer program to back a new $5 billion loan, and Hertz shares plummet after the bankrupt car renter said its shares may be rendered “worthless.”

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Tuniu Corporation (TOUR)

Trade 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 […]

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Spotify Shares Are Climbing After Signing Exclusive Licensing Deal For Joe Rogan’s Podcast

Plus, 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.

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The WHO Said It Could Take 5 Years To Get The Coronavirus Pandemic Under Control

Plus, weekly jobless claims came it at just under 3 million and Goldman Sachs says the unemployment rate could peak at 25%, Trump said he doesn’t want to talk to Chinese President Xi as tensions rise between the world’s two largest economies, and airlines are down after a trade group said demand for air travel is unlikely to recover until 2023.

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Norwegian Shares Plummet After Cruise Operator Warns It May File For Bankruptcy

Plus, oil is gaining as demand begins to pickup again, Pfizer has begun human trials of its COVID-19 vaccine candidate, Wendy’s restaurants are running out of beef, and Wayfair shares are up after it reported sales surged 20% last quarter.

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GD might be another smart value bet even though business travel has plunged

I started my market analysis this week by turning my focus to the Aerospace industry – which to the casual observer might seem pretty silly given the fact that, according to numbers cited this morning by the CEO of Boeing (BA), commercial air travel has plunged by -95% since COVID-19 has taken over the global […]

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