Market Stays Choppy as Stimulus Hopes Return

October 20, 2020 By: Todd Mitchell

Wall Street showed opening gains to start the week but experienced late day selling pressure following heightened rhetoric over a coronavirus stimulus package. With a 48-hour deadline set by House Speaker Nancy Pelosi over the weekend that expires Tuesday, President Trump hit back by saying she doesn’t want to get a deal done before the election.The major indexes closed near the session lows...

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Extreme Option Profits Chart of Day…BioNTech (BNTX)

October 19, 2020 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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Market Choppiness Continues

By: Todd Mitchell

Wall Street showed opening gains to start the week but experienced late day selling pressure following heightened rhetoric over a coronavirus stimulus package. With a 48-hour deadline set by House Speaker Nancy Pelosi over the weekend that expires Tuesday, President Trump hit back by saying she doesn’t want to get a deal done before the election.The major indexes closed near the session lows...

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Tesla and Netflix put their big 2020 gains on the line in the coming week

October 17, 2020 By: Todd Mitchell

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Late Day Selling Pressure Weighs on Small-Caps, Tech

By: Todd Mitchell

The market closed lower on Friday, notching a third-straight weekly loss excluding the small-caps, amid uncertainty about a fresh round of fiscal stimulus from Washington. Weaker-than-expected economic news and concerns about tensions between the U.S. and China also weighed on sentiment. The choppy trading action also marked quadruple witching and happens on the third Friday of every March,...

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Amazon says third-party sellers made more than $3.5 billion from Prime Day

October 16, 2020 By: Todd Mitchell

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