Month: March 2020

American Airlines planes parked in Tulsa, Oklahoma. American Airlines The coronavirus crisis is bringing the United States economy to a screeching halt, with every sector feeling the effects of most of the country’s workforce staying home. Satellite imagery combined with other photographic evidence and alternative data sources give a stark look at the U.S. situation:
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Sanjay Mehrotra, CEO of Micron Technology, appears on CNBC’s Squawk on the Street at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Gerry Miller | CNBC Check out the companies making headlines midday Thursday: Micron Technology — Shares of the semiconductor company rose 6.8% Thursday after beating Wall Street expectations on
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Despite my long-term bullishness, I concede that the wild swings in the markets have been discomfiting for my readers. Truly, we’re witnessing an unprecedented response to this crisis that will impose both societal and economic scars. As you might expect, companies which are levered to consumer sentiment like Tesla (NASDAQ:TSLA) have taken a beating. At
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SPY: Learning About the Markets While Social Distancing SPY – Today’s featured article covers the S&P 500 (SPY), and reveals how you can learn about the markets while social distancing. Continue reading for all these important details. Get Free Updates Many people’s lives have been turned upside down by staying at home or sheltering in
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In Best Stock Charts this week we discuss the anatomy of a bear market rally. We will use technical analysis to discuss where we believe there is resistance above and where it is safest so sell short the stock market ✅Get a 15 Minute Live-Stream Alert Sent To Your Inbox (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/
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It’s been an insane month for airlines stocks. Legacy carrier United Airlines (NASDAQ:UAL) has been no exception. UAL stock traded for $90 as recently as January. Last week, it sold for a low of just $18, amounting to an 80% loss of value in scarcely two months. Source: NextNewMedia / Shutterstock.com However, United’s fortunes are
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ACB: Cannabis Stock Weekly Recap ACB – We also saw the cannabis sector rally with the overall market. Companies such as ACB, IIPR, and CTST made significant moves. Get Free Updates It was another eventful week for the stock markets.  We saw a huge rally starting Tuesday when the plan for the largest economic stimulus
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CNBC’s Jim Cramer said Friday he did not think investors were properly factoring in the likelihood a successful antiviral treatment for COVID-19 is developed.  “Is anyone even thinking anymore that there is something going on at any drug company that actually may have an antiviral?” Cramer said on “Squawk on the Street.” “I have just been
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There’s no doubt that the generous dividend offered by Delta Air Lines (NYSE:DAL) has been one of the best reasons for holding DAL stock. Source: Markus Mainka / Shutterstock.com For the immediate future, however, those payments are at an end. Delta stock has been bushwhacked along with the rest of the airline industry in recent
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