Drug Stock Added to Goldman's "Conviction List"

The Dow has completely erased yesterday's rebound

 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

MIDDAY MARKET CHECK     3/11/2020
The #1 Indicator Used by Ultra-Wealthy Investors Most of the world's richest investors totally ignore company fundamentals like P/E ratios. Those metrics have NOTHING to do with what makes stocks rise or fall. One indicator is far more accurate -- but less than 1 in 1,000 investors have ever heard of it. This is how wealth is really made in the stock market today. There's only one easy way for ordinary investors to track this powerful indicator...
Stocks Suffer Steepening Selloff Midday By Laura McCandless Share On Stocks have completely erased yesterday's rebound by midday, with the Dow Jones Industrial Average (DJI) off over 1,100 points amid concerns over the White House's vague fiscal response to the coronavirus-related blow the economy has taken in recent weeks. The S&P 500 (SPX) and Nasdaq-100 Index (NDX) are also deep in the red at the halfway point. Oil prices meanwhile, are still below breakeven, but have managed to pare some of this morning's losses. At last check, April-dated crude futures are down 2.7% at $33.45 a barrel.  Continue reading for more on today's market, including:  Why one analyst thinks Eli Lilly could brush off the broad-market selloff.  The European automaker hitting the breaks amid temporary production cuts.  Plus, CC’s options volume surge; the company surging after developing a coronavirus test, and FLGT falls despite price target raise.  >> Continue reading...
LATEST HEADLINES
>> Utility Stock Overdue for Bear Notes There's optimism to be unwound in the options pits, too >> The Nevada Discovery That Could Jeopardize Chinese Dominance Click to continue to advertiser's site. >> Drug Stock Upgraded Despite Coronavirus Threat Goldman Sachs added Eli Lilly to its "Conviction Buy" list >> FCAU Stock Destroyed Amid Temporary Plant Closures The automaker announced that it was temporarily stopping production at its Italian factories >> PepsiCo Stock Sinks on Heels of $3.85 Billion Buyout PepsiCo Inc's stocks are down after the company bought Rockstar Energy Beverage Sponsored #1 Way to Picking Winning Stocks in 2020 Most ultra-rich investors ignore stock fundamentals, which have no real impact on stock prices. Only 1 indicator tells the whole truth -- but most investors have never heard of it. This is how wealth is made in the stock market today. Get the scoop here.
To ensure delivery of Schaeffer's Midday Market Check, add us to your contacts! For more information, please visit this link for further instructions. This email was sent to phanhoa1821960.trader@blogger.com because you are a registered subscriber to Schaeffer's Midday Market Check or have signed up to receive emails from www.schaeffersresearch.com. Don't want to receive Schaeffer's Midday Market Check? You can unsubscribe here. For more information about our privacy practices, please review our Privacy Policy or our Terms & Conditions. Have a question, comment or concern? We’ll respond quickest if you call (800) 448-2080, email, or write to:
		SCHAEFFER'S MIDDAY MARKET CHECK enews@schaeffer.com 5151 Pfeiffer Rd. Suite 250 Cincinnati, OH, 45242 USA 800-448-2080 www.schaeffersresearch.com