Month: March 2020

(Bloomberg) — Deaths in the U.S. could reach 200,000, top infectious disease expert Anthony Fauci said, describing the estimate as a moving target. New York state’s fatalities are approaching 1,000.Italy’s deaths fell for a second straight day. A U.K. health official said restrictions may remain for six months or longer. Spain had its most daily deaths so far.A longtime senior Wall Street executive died of virus complications. New Orleans could run out of breathing machines within a week.Key Developments:Cases top 685,000; 32,000 dead, 145,700 recovered: Johns HopkinsSpain reports more than 6,500 fatalitiesU.K. lockdown could last until JuneIndia seeks to quarantine …read more […]

Most Americans will receive some free money. Find out how soon you’ll get yours. …read more […]

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […] …read more […]

Gilead Sciences Inc. (GILD) said it is expecting to have initial remdesivir drug data in coming weeks. The experimental drug is currently being evaluated as a potential treatment for coronavirus patients.“Multiple studies are ongoing, and we are on track to have initial data in the coming weeks,” said Gilead CEO and chairman Daniel O’Day. “If it is approved, we will work to ensure affordability and access so that remdesivir is available to patients with the greatest need.”TipRanks analytics show out of 19 analysts, 10 are bullish with a Buy rating on Gilead stock, 8 are sidelined with a Hold rating …read more […]

More market volatility is expected this week as coronavirus and a slew of economic data releases keep investors on their toes. …read more […]

When volatility reigns, like now, 401(k) investors can actually benefit from adding to holdings in great companies that are suddenly selling cheaply. …read more […]

Costco Wholesale Club has expanded special senior hours and will temporarily open early Tuesdays, Wednesdays and Thursdays amid the coronavirus pandemic. …read more […]

Most of the checklist items are reasonably easy to implement, without requiring much heavy lifting. Many are actions you should take at any time. …read more […]

We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we’d be… …read more […]

If anyone thought last week’s three days of positive trading indicated a trend reversal, or even more implausibly, an end to the recently launched bear market, they were rudely awakened on Friday. Markets tumbled as the US overtook previous pandemic hotspots China and Italy with the unwanted statistic of having the highest number of coronavirus infections on record. It appears, then, that the new bear market will be around for a while, along with the accompanying bouts of volatility. How long will it last? Impossible to tell, but the new reality means estimates and forecasts have been getting readjusted all …read more […]

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to… …read more […]

As coronavirus continues to spread with nearly 680,000 confirmed cases worldwide as of Saturday morning, telemedicine is seeing an unprecedented demand. …read more […]