The market closed higher on Friday after President Trump signed nearly a $500 billion coronavirus Phase 3.5 relief bill that will replenish the small business rescue program known as the Paycheck Protection Program (PPP). The higher close wasn’t enough to offset an overall weekly loss for the bulls, the first in 3 weeks. The....

The market closed higher on Friday after President Trump signed nearly a $500 billion coronavirus Phase 3.5 relief bill that will replenish the small business rescue program known as the Paycheck Protection Program (PPP). The higher close wasn’t enough to offset an overall weekly loss for the bulls, the first in 3 weeks. The....

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The market closed mixed on Thursday following a late day pullback in the final hour of trading following an initial jobless claims report that came in at 4,427,000. This was better-than-expected as forecasts were at 5 million.Corporate earnings were also mixed as companies continued to yank current quarter and year-end outlooks based on uncertainty....

The market closed lower on Monday following the collapse of oil prices into negative territory and lowest prices ever. The plunge was largely driven in part by a lack of storage capacity for black gold along with lower demand and people not working or flying.The lower close held near-term support levels with Tech and....

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....

The market closed lower on Monday following the collapse of oil prices into negative territory and lowest prices ever. The plunge was largely driven in part by a lack of storage capacity for black gold along with lower demand and people not working or flying.The lower close held near-term support levels with Tech and....

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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....