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The market rebounded big-time on Monday to push late March resistance levels, after global reports showed the coronavirus spread is slowing. While the peak is expected to hit the U.S. this week, Wall Street is hoping the death toll comes in much lower than predictions.The major indexes need to show continued momentum on Tuesday’s session but it is important to note it’s a shortened week with...
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The market rebounded big-time on Monday to push late March resistance levels, after global reports showed the coronavirus spread is slowing. While the peak is expected to hit the U.S. this week, Wall Street is hoping the death toll comes in much lower than predictions.The major indexes need to show continued momentum on Tuesday’s session but it is important to note it’s a shortened week with...
Continue reading >>Keep an eye on Carnival (CCL). The stock has been battered by the coronavirus story. However, it’s down too far, too fast, and could soon recover, even though it could see an EPS loss of 55 to 65 cents a share if operations in Asia are suspended through April 2020. “While that has not come to pass and may be averted, the cruise line said there will be a material impact on...
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The market rebounded big-time on Monday to push late March resistance levels, after global reports showed the coronavirus spread is slowing. While the peak is expected to hit the U.S. this week, Wall Street is hoping the death toll comes in much lower than predictions.The major indexes need to show continued momentum on Tuesday’s session but it is important to note it’s a shortened week with...
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