📍 The effect of Remdesivir... The power to unlock the all time highs via Covid is systematically, within reach rather fast, due to the nature of drug prices which are inelastic. The effect of Gilead being treated as utility is heightened by DT putting the big orders in. Compare the following two diagrams: Phase III trials & Chinese red carpet ...
Tonight US Dollar continued to be weaken amid the increase of covid 19 cases that continue to soars. investors have been piling up the money on the sidelines while retail investor actively buying and doing day trading. The emergence of application like robinhood which offer zero dollar commision on buying and selling stock have attract many trader expecially young...
IN WEEKLY CHART WE SAW AN AGGRESSIVE BUYING BY SMART TRADERS. NOW MARKET RIGHT BACK TO BULLISH ORDER BLOCKS TO TAKE MORE BUYING ORDERS. AFTER THAT WE COULD SEE A BULLISH LEG. DON'T ROLL OVER YOUR EYES FROM THIS PAIR.
Long -term investment idea for ETF AMEX:SPY on potential 2nd COVID-19 market drop. SPY 40% profit / Long trade 241.98 -> 338.96 / TrailStop 48.49 of price amount Profit: 40%, Risk: 20%, Risk ratio = 1/2 Allocation: 30% of the portfolio See the full ETF balanced portfolio based on Yield/Risk maximisation in linked ideas: SPY - 30% allocation, 40% profit IHI -...
Good Morning/Afternoon Traders Gold is trading on 7 year high. The Reisistance on 1779.00 is holding Strong. I think we will see some rebounce on that level. Some Analyst are awaiting Gold rising to 1800.00. But i recommend to be careful. Like we saw in March on Level 1770.00 we had a strong rebounce to 1450.00 in onle 5-10 Days. I assume there will be a strong...
Since my last publication back in April , price has performed pretty much as expected. We did close a little above the 9.2K level at the end of May, but we could consider that within the error margin. This month we attempted to break higher, but 10K seems like a hard stop and by now we are back below the 9.2k key level. Bitcoin price is very stable as we have...
Apart from the smash-down movement upon the first spike in the COVID cases in the US, there hasn't been any major movement. However, we can see that the market is becoming more cautious about buying the stock market amid a continuous rise in the number of COVID cases globally and especially in the US which has recently broken all-time high. Technically, since the...
The Dow First thing I'm noticing is the red line seems to be the support on three occasions, with three distinct periods from 2018 where the DOW dropped to the red line and recovered. 2020 Corona crash has had a somewhat perplexing recovery, which to me defies absolutely all and any logic! It's absurd the DOW has rallied like it has given the economic horror...
XSPA began it's pilot covid-19 testing program this week in contract and in conjunction with JFK airport. More airports to follow and getting lots of media attention. XSPA was featured in a time magazine article today. I am long with an avg of $4.71. My price targets for the year are marked. I believe these will be hit by end of year. I will take profit at each...
Just re-iterating my previous assertion (guess) that NVAX is on course for massive gains in the long-term. Doesn't mean it's a great company but this pandemic has initiated a similar pattern in the past. They have several great developments in the works: NanoFlu, RSV F, and a COVID-19 vaccine candidate. See my previous posts especially the related one. This is...
A reading above 1.20 shows extreme bearishness among speculators and can indicate a good time to buy stocks for the short-term. A reading below 0.80 shows extreme bullishness and could indicate a good time to sell.
Bring this one down town! I think ROKU can see a nice drop coming down to the $115-$110 range before stabilizing out. The strength on the 45min chart does not look well, but there's some optimism looking at the 1D chart, but even then it's still in range for the set PT of $115. GLTA and stay safe!
Is summer cancelled? By the way things look it might be....Spotify has had a big run in the past 2 weeks with new podcast and etc. but with less people going out and upcoming lock downs I think we can see around test of $220-$210. GLTA and stay safe!
SPY doesn't look to strong coming out of the gate for July. With the "second wave" of COVID sweeping our country and NY implementing a second 14 day lock down, I think we can see the SPY around 295-280 before things get better. GLTA and stay safe!
Aim ready to boogie soon. Not financial advice Not a recommendation to buy this stock
21-May-20 16:10 ET AMRN Amarin announces trial to evaluate effects of VASCEPA on patients with COVID-19 (7.28 -0.18) Amarin today announced support for a clinical trial to investigate the effects of icosapent ethyl (IPE) (VASCEPA) on inflammatory biomarkers and other patient outcomes in individuals with COVID-19. The trial primary endpoint is the effect of...
Week beginning June 15th, all that' s left is an unfortunate 1500 US Deaths from COVID19 before the 'flattened curve' potentially becomes a plateau. COVID-19 DEATHS_UK showed a similar but earlier pattern but it would be an anomaly in reporting, perhaps, if the chart wasn't pulled from TradingView.
ZIP CO LIMITED (ASX:Z1P) has bounced back significantly well after the market dump in FEB/MAR, as have all lending services due to the job losses/ government surpluses around the world. When the market reopens on monday I can see a couple of things happening. 1: WE crack this 'strong equilibrium' as price action continues up the trendline and get squeezed into...