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Dow Jones Dow Jones Now Sliding After Walt Disney Announces 28,000 COVID-19 Layoffs
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning •
The Dow Jones now is on the decline due to concerns about a second wave of COVID-19.There is also plenty of economic uncertainty ahead of the 2020 election.Shares of Walt Disney Co.(NYSE: DIS) lead the selloff (down 2%) since … Read more » -
dow jones Dow Jones Now Slips Despite COVID-19 Vaccine Plans
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning •
The Dow Jones now is taking a dip despite news that the U.S. government pumped large amounts of money into a program designed to accelerate the production of a COVID-19 vaccine. Still, tech stocks were trading at new highs this morning, … Read more » -
Stocks Check Out All the Stocks I'm Buying and Shorting This Week
By Chris Johnson, Quantitative Specialist, Money Morning •
So, here we are: The first Fed rate cut in 10 years is in the history books, and the markets have completely changed... right? Nope. The markets instead took everyone for a roller coaster ride down - selling the news. But … Read more » -
Biotechnology Get Your Hands on the World's First $1 Billion Cannabis Drug
By Michael A. Robinson, Defense + Tech Specialist, Money Morning • @Robinson_STI •
When it comes to biotech, Wall Street tends to overreact. Though there's no reason for it to be there, biotech is in the dog house, and investors have been conditioned to punish the sector and its stocks whenever the opportunity presents itself. … Read more » -
Dow Jones Why the Dow Jones Today Is Flat After Last Night's Elections
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning •
The Dow Jones today is flat in pre-markets hours after Democrats were swept to victory in Virginia and New Jersey during statewide elections last night. Dow Jones futures are down nine points as traders are now uncertain over what the … Read more » -
Dow Jones Dow Jones News Today: Oil Prices Fall to 10-Month Low as OPEC Mulls an Increase in Production Cuts
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning •
In Dow Jones news today, stock prices fell as crude oil prices continue to slide. Gold prices climbed on the day, but silver prices were down. Read more » -
Stocks If You Own Just One Pharma Stock, Make It This
By Michael A. Robinson, Defense + Tech Specialist, Money Morning • @Robinson_STI •
As I've said before, buying a drugmaker with true billion-dollar "blockbuster" potential is like grabbing a license to print money. Of course, it's always at least possible to grab these shares on their way up, but that's a little like … Read more » -
biotechnology These Numbers Prove Big Pharma Is Scared of Trump
By Casey Wilson, Associate Editor, Money Morning •
Big pharma execs are hoping to avoid President Trump's wrath by drastically reducing the amount of price hikes in 2017. Producers raised the list prices of 25% fewer drugs than this time last year. Read more » -
Dow Jones Dow Jones Industrial Average Slides After October Jobs Report
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning •
The Dow Jones Industrial Average today is down after the Labor Department reported the U.S. added 165,000 jobs in October. That missed expectations of 175,000 new jobs. Read more »