Bulls Keep Momentum on Continued Vaccine hopes

November 16, 2020 By: Todd Mitchell

Wall Street settled slightly lower on Friday to close out a strong week as former Vice President Joe Biden edged closer to victory in the presidential election. The monthly jobs report outperformed expectations and provided some upside as Tech showed strength while volatility continued to fade. The S&P 500 tested an opening low of 3,484 before settling at 3,509 (-0.03%). Current and upper...

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Extreme Option Profits Chart of Day…Activision Blizzard (ATVI)

By: Todd Mitchell

Keep an eye on Altimmune Inc. (ALT). The stock is pushing higher thanks to more positive data on its COVID candidate. The company just published positive pre-clinical data for its new single-dose, intranasal COVID-19 vaccine candidate AdCOVID, adding the candidate “stimulates three key immune components: serum neutralizing antibody, T cell responses, and mucosal immunity in the respiratory...

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Natural gas producer Gulfport Energy files for bankruptcy

November 14, 2020 By: Todd Mitchell

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Small-Caps Tag Record High

By: Todd Mitchell

Wall Street closed higher on Friday to close out a strong week, overall, with the S&P 500 closing at a record high while the Russell 2000 also tagging a fresh all-rime peak. Better-than-expected earnings from Cisco Systems Inc. (Nasdaq: CSCO) and Walt Disney Co. (NYSE: DIS) helped the blue-chips after both companies reported better-than-expected earnings.Tech also closed higher but lagged...

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Disney said Covid-related costs shaved $2.4 billion from parks’ operating income in latest quarter

November 13, 2020 By: Todd Mitchell

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Bears Make an Appearance

November 12, 2020 By: Todd Mitchell

Wall Street settled slightly lower on Friday to close out a strong week as former Vice President Joe Biden edged closer to victory in the presidential election. The monthly jobs report outperformed expectations and provided some upside as Tech showed strength while volatility continued to fade. The S&P 500 tested an opening low of 3,484 before settling at 3,509 (-0.03%). Current and upper...

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