😷COVID-19 Cases Continue to Add to the Market Drama. See How Can You Rise Above It.

I was perusing Facebook Last night and came across an ad for up to $30 off a one-day ticket to Universal Studios Hollywood.
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Good morning. I was perusing Facebook Last night and came across an ad for up to $30 off a one-day ticket to Universal Studios Hollywood.

Makes you wonder if they're trying to draw in locals, but the reality of theme parks offering discounts certainly makes you think. Could Disneyland start discounting, heaven forbid that should happen. With more an more people holding up in their bunkers, it makes me want to have my mouse ears at the ready for a discount.

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MARKETS
DOW 23,553.22 -5.86%
S&P 2,741.38 -4.89%
NASDAQ 7,952.05 -4.70%
*As of market close
Stocks fell 4.89%, as Tuesday's gains were wiped out.
Oil fell 3.99%, as oil inventories increased a surprising 7.7M barrels.
Gold was off 1.37%, as the U.S. dollar strengthened for the second day in a row.
Cryptocurrencies were flat, as Bitcoin finished nearly 0.33% lower to close at $7855.

Today's TOP TIPS
Here's 4 Low Debt Energy Companies to Consider After the Fallout
President Trump is mulling over a potential bailout for shale producers, but it appears that he may not be getting the broad support from Republicans to get a deal done.

If you're considering wading back into the energy investment waters, it's important to prioritize what makes a good company. See what stocks to look at and how to analyze them.

» FULL STORY

Option Traders are Suggesting the 'Gig Economy' May be in Jeopardy
Etsy, Inc. (ETSY) provides a platform for many small, home-based businesses use to market and sell their goods. It's also company that has been trading at very valuations and one which analysts have begun downgrading earnings expectations in the last week.

ETSY traded about 4.1 times its average volume on Wednesday, but virtually all of it was on the put side as call volume was below average. Here's what they were trading and what it means.

» FULL STORY

The CEO of this Healthcare Company May be Banking on COVID-19 Testing Breakthrough
OPKO Health, Inc (OPK) is a Miami, FL based diagnostics and research company that operates one of the largest patient testing laboratories in the United States through BioReference-Labs.

The stock recently doubled in price as the company announced the potential for COVID-19 testing, but then dropped on a short-seller's comments. The proof may be in the pudding with insider trading.

» FULL STORY

IN OTHER NEWS
Trump to discuss coronavirus response with Wall Street chiefs
Economists Start Forecasting Negative U.S. GDP Numbers on Coronavirus
Boeing to freeze hiring as cash woes mount over coronavirus, 737 MAX
Circuit Breakers Back in Play With Stocks Nearing Bear Market
Dollar Store Investors See Green in a Sea of Red This Week
Homeland Security official spars with Democratic lawmaker over whether Trump should hold rallies as coronavirus spreads
Mounting Fed Wagers Turn $21 Billion Treasury ETF Into Hotspot
Gilead, Biotechs Gain Amid Market Rout on Virus Cure Hopes
Saudi-Russia Oil Price War Stokes Tanker Rates as Ships Needed
Billionaire Ray Davis Among Insiders Buying Shale Stocks

S&P 500 MOVERS
TOP
DLR 1.897%
GILD 1.88%
TMUS 1.73%
AON 1.027%
AKAM 1.01%
BOTTOM
NCLH 26.683%
APA 23.54%
NBL 20.086%
BA 18.151%
OXY 17.713%

Quote of the Day
Why close museums and cancel sport and artistic events when, in the shopping malls, it's still business as usual?
- Italian Interviewed in Como, quoted by MarketWatch

Sponsored Content
No. 1 Stock to Own in 2020
Wall Street legend Paul Mampilly just unveiled his No. 1 investment for 2020. See details.

 
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