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Hedge Fund Manager Who Predicted The Pandemic Is More Bearish Now Than Before
Video By:
Insider Monkey
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Thursday, April 30, 2020 4:38 AM EDT
Michael Castor predicted the coronavirus pandemic when most investors were dismissing the threat. S&P 500 Index lost nearly 20% during the first quarter, yet his healthcare focused hedge fund Sio Capital returned more than 7% during the same period.
Google Parent Alphabet Misses Profit Expectations But Stock Soars On Rebound Talk
Article By:
Adam Vettese
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Wednesday, April 29, 2020 4:34 AM EDT
Tech giants hit the headlines on Tuesday as the first of the results from the world’s largest companies were reported, while coronavirus cases in the US passed one million.
In this article: BCS Also: AXP, BA, DOW, IAG, LYG, MMM, PFE, RBS, XOM, ADBE, MSFT, NFLX, TSLA, DIA, OIL, SPY, GOOGL, BITCOMP
Warrants On Algernon Pharmaceuticals Up 4,000% In 6 Months
Article By:
Dudley Pierce Baker
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Tuesday, April 28, 2020 2:30 PM EDT
A showcase of the potential leverage of investing in stock warrants.
In this article: AGNPF
Oil Plunges, BP Reports Steep Slide In Profits
Article By:
Adam Vettese
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Tuesday, April 28, 2020 4:52 AM EDT
Oil prices tumbled again overnight, with WTI crude oil June contracts sitting at $10.50 a barrel this morning, a fall of more than 30% in just over 24 hours.
In this article: AZN, BA, BP, CCL, CNC, DIS, GS, GSK, IHG, JPM, MRK, NVS, PFE, ITVPY, TSCDY, AAPL, SBUX, DIA, SPY, USO, GOOGL, BITCOMP, KDP
The Tides Are Turning In South America As Major Cannabis Companies Implement New Strategies
Article By:
Technical420
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Tuesday, April 28, 2020 4:38 AM EDT
The economics associated with cultivating cannabis in Latin America is attractive and investors need to keep an eye on how the market evolves.
Market Briefing For Tuesday, April 28
Article By:
Gene Inger
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Tuesday, April 28, 2020 2:47 AM EDT
We do know that every sector of S&P has firmed, and it (backed by the Fed) continues grinding higher within the target range we've had now for well over a month. That's a zone I've referred to as between the 50-DMA and 200-DMA.
Cannabis Central's Pot Stock Index Was Up Last Week For Third Week; Acreage Holdings Was Up 42.9%
Article By:
Lorimer Wilson
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Monday, April 27, 2020 12:16 PM EDT
The Non-penny Pot Stock Index (NPSI) increased 4.6% last week vs.increases of 2.5% and 13.1% the previous 2 weeks. 29 of the 35 constituents (i.e. stocks that trade for US$1/share or more) went up and 6 went down in price.
Amgen Is Attractively Valued
Article By:
Andres Cardenal
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Monday, April 27, 2020 11:08 AM EDT
Amgen has delivered big returns in the past year, but the stock is still more than reasonably valued at current prices.
In this article: AMGN
Another Good Week For Biopharma And Diagnostics Stocks: Innovation Is Driving Gains
Article By:
Rod Raynovich
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Monday, April 27, 2020 3:23 AM EDT
As the market moves with COVID epidemiological data many stocks took a hit on questionable or incomplete news from the WHO on a clinical study in China on Remdesivir; Gilead Sciences stock took a hit on Thursday from $82 but recovered Friday at $79.
In this article: BMY, INO, CEMI, RHHBY, GNMK, IBB, ILMN, REGN, GILD, XBI, MRNA, ABBV, BLUE, TDOC, EDIT, CRSP