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AstraZeneca Should Know 'Whether Vaccine Works Or Not' By Year-End, CEO Says
Article By:
Tyler Durden
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Thursday, September 10, 2020 7:10 AM EDT
AstraZeneca CEO Pascal Soriot said Thursday that the company should know before the end of the year whether its experimental vaccine actually can protect most of the population from COVID-19.
In this article: AZN
Market Briefing For Thursday, September 10
Article By:
Gene Inger
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Thursday, September 10, 2020 4:07 AM EDT
Institutional biases - contributed to the strength of a projected Wednesday rebound after the 3 day decline.The institutions dominated the 'narrow universe' of gainers for some time and they generally use very similar algorithms.
Cannabis Central: Wednesday Saw Little Volatility In The Pure-Play Pot Stock Portfolio
Article By:
Lorimer Wilson
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Thursday, September 10, 2020 3:34 AM EDT
The Pure-Play Pot Stock Portfolio of 25 pure-play stocks went up just 0.8% on Wednesday with 50% of the stocks in the portfolio going down and 50% of the industry categories in which they operate going down as well.
Cannabis Central: Pure-Play Pot Stock Portfolio Down Again On Tuesday
Article By:
Lorimer Wilson
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Wednesday, September 9, 2020 9:44 AM EDT
The Pure-Play Pot Stock Portfolio declined again on Tuesday by 2.7% with 20 (80%) of the stocks in the portfolio going down as well as all 4 of the industry categories in which they operate.
Markets Collapse As Vaccine Subject Gets Ill
Article By:
Admiral Markets
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Wednesday, September 9, 2020 8:09 AM EDT
AstraZeneca (AZN) - a leader in the race to find a coronavirus vaccine - stopped its trial after one of the test subject's fell ill in a potential adverse reaction to the company's experimental COVID-19 vaccine.
In this article: AZN
Tesla Suffers Worst Day In History As Tech Names Continue To Rout
Article By:
Adam Vettese
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Wednesday, September 9, 2020 6:28 AM EDT
Tech stocks suffered a broad sell-off yesterday as US markets returned to action following the holiday weekend. Tesla was hit the hardest, sinking 21.1% after the S&P 500 Index Committee declined to add the electric carmaker to the benchmark index.
In this article: AZN, BA, JPM, TER, ASBFY, MRWSY, SFTBY, WTBCF, AAPL, CSCO, TSLA, CTLT, ETSY, ZS, JDDSF, CRWD, NKLA, GM, WORK Also: AMZN, DIA, SPY, SPX, BITCOMP
Rebound Wednesday
Article By:
Fiona Cincotta
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Wednesday, September 9, 2020 4:23 AM EDT
US tech stocks were in the firing line once again overnight with the Nasdaq weathering a 4% drop whilst Tesla tanked over 20%. The selloff in the tech heavy Nasdaq took the Nasdaq into correction territory for the second time this year.
Market Briefing For Wednesday, September 9
Article By:
Gene Inger
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Wednesday, September 9, 2020 3:58 AM EDT
S&P and big-cap-led Nasdaq continue cratering, not helped by the Apple hit, but particularly NDX, as the oft-warned about situation with Tesla unwinds.
In this article: AZN, GSK, JNJ, MRK, PFE, SNYNF, SRNE, NVAX, AAPL, SPY, MRNA, HTBX Also: QQQ, SPX, NYA, NDX
International Stock Update
Article By:
Vivian Lewis
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Tuesday, September 8, 2020 4:40 PM EDT
PM Boris Johnson is threatening to withdraw from the European Union without a deal unless the UK gets concessions. This has hurt British shares and sterling. Our largest ADR holdings are British.
The 1998 Correction & The Run To The Peak
Article By:
Lance Roberts
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Tuesday, September 8, 2020 11:13 AM EDT
Lately, the markets have become engulfed by a palpable feeling of exuberance. The last time investors were engulfed in a near “panic” to invest was 1998, where following a correction, the market began a seemingly endless run to the peak in 2000.
Market Briefing For Tuesday, Sept. 8
Article By:
Gene Inger
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Tuesday, September 8, 2020 1:59 AM EDT
S&P 'overshoots' - triggered great caution by us going into September, which was affirmed early last, week when the Index moved over the 'standard deviation bands' upper levels, which was just a variation of warning of unsustainable upside.
Cannabis Central: Pure-Play Pot Stock Portfolio Was Down 6.9% Last Week
Article By:
Lorimer Wilson
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Monday, September 7, 2020 9:17 AM EDT
The Pure-Play Pot Stock Portfolio of the 25 cannabis pure-play stocks that consistently trade for +US$1/share was down 6.9% last week with 20 stocks declining, 5 advancing and 3 of the 4 associated categories also declining.
The Week Ahead In Biotech: Focus On Mallinckrodt FDA Decision, Conference Presentations
US Stock Market Weekly Review Aug. 31- Sept. 4, 2020
Article By:
Stavros Georgiadis
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Sunday, September 6, 2020 6:54 AM EDT
After four weeks of consecutive gains, the US stock market declined with increased volatility, as September kicked in, a month which is considered to be a tough one for stocks historically.