No Picture
Trading Ideas

How Moderna's Slowing COVID-19 Vaccine Enrollment Could Delay Interim Readout

Moderna Inc (NASDAQ: MRNA)’s CEO said last week that it will not seek emergency use authorization for its coronavirus vaccine candidate mRNA-1273 before the Nov. 3 U.S. presidential election.Trial Enrollment Hits 94% Of Target: Moderna’s vaccine candidate is in a large-scale Phase 3 trial dubbed COVE with a target enrollment of 30,000 participants.About 28,043, or 93.5%, of the targeted participants have been enrolled into the study, Moderna said in a late Friday tweet.Of those people, 19,369 have been administered a second dose.> As of Friday, October 2, 2020, 28,043 participants have been enrolled in the Phase 3 COVE study …read more […]

No Picture
Trading Ideas

October Stock Market Analysis

September ended with a swoon.
The Dow Jones, the Nasdaq and the S&P 500 finished the month with declines. Their first monthly declines since March!
It’s been a fantastic, largely unfettered rally from the lows we saw earlier this year.
Investors are now starting to feel a little anxious. And there are plenty of headlines triggering clammy palms for traders.
So the question du jour is… Is this a “buy the dip” moment, or do we sit on the sidelines, happily nibbling on some pumpkin-spiced treat?
A Month of Scary Moves
October is home to one of my favorite holidays: Halloween.
But it’s not just ghouls and …read more […]

No Picture
Trading Ideas

Regeneron Jumps on ‘Ultimate Validation’ as Trump Treated

(Bloomberg) — Regeneron Pharmaceuticals Inc. climbed the most in more than three months on Monday after U.S. President Donald Trump received the biotech company’s antibody cocktail to treat Covid-19.President Trump’s treatment was the “ultimate validation” for Regeneron, according to SVB Leerink analyst Geoffrey Porges.Like Regeneron, Eli Lilly & Co. and AbCellera Biologics Inc. are developing an antibody therapy, not only as a treatment for the virus but also as a preventative. When used as a prophylactic, these products could be considered a passive vaccine as opposed to the active shots most people think of as a vaccine, Bloomberg Intelligence’s Sam …read more […]

No Picture
Trading Ideas

Two Key Lessons for a Booming Gold Market

Note from Managing Editor Allison Brickell: We get a lot of questions about gold here at Liberty Through Wealth. So today we thought we’d bring in one of the “gold guys” – Rich Checkan, president and chief operating officer of Asset Strategies International. Rich always has his finger on the pulse of the precious metals market. He’s also one of The Oxford Club’s Pillar One Advisors. Oxford Club Members can find more information about Rich and his company here.

I was manning my exhibit booth at The Oxford Club’s Investment U Conference. It was the spring of 2009. After Alexander Green’s …read more […]

No Picture
Trading Ideas

Billionaire’s Tool Firm Taps Loans for Fifth Payout in a Decade

(Bloomberg) — Companies have been selling risky loans to fund payouts at the fastest pace in years. Harbor Freight Tools USA Inc., a discount tools retailer run by billionaire Eric Smidt, is the latest borrower looking to line its pockets.The company, which sells $7.99 wrenches and $8.99 plier sets, is seeking to borrow $3 billion in what will be its fifth such deal in the past decade, according to data compiled by Bloomberg.It plans to use some of the proceeds to refinance existing debt and the rest for a dividend, according to a person familiar with the matter. Credit Suisse …read more […]

Newsmakers

Peak (OTC: PKKFF) Closes $500K Non-Brokered Private Placement to Help Fund Likely Joint Venture

Montreal, Quebec, Oct 05, 2020 (Newsfile Corp via COMTEX) — Montreal, Quebec–(Newsfile Corp. – October 5, 2020) – Peak Positioning Technologies Inc. (CSE: PKK) (OTCQX: PKKFF) (“Peak” or the “Company”), an innovative Fintech service provider […]

No Picture
Trading Ideas

ER Physician on President Trump's COVID-19 diagnosis: ‘I’ve never heard of another patient getting this combination of treatments'

Dr. Darria Long, ER Physician and Clinical Assistant Professor at University of Tennessee School of Medicine, joins Yahoo Finance’s Zack Guzman to discuss Trump’s COVID-19 prognosis …read more […]