As the projected peak infection date of April 15, 2020 approaches, there's a lot of questions that I have and will likely never resolve.
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| |  Good morning. As the projected peak infection date of April 15, 2020 approaches, there's a lot of questions that I have and will likely never resolve. One thing we need to prepare for is that things are highly likely to fundamentally change for a long time in not only the U.S., but throughout the world.
It's very probable that analysts and many people you know are underestimating the toll socially, politically and economically that the shutdown is causing. It's important to be prepared. | | | | | |
| | |  | DOW 21,052.53 | -1.69% | | | | S&P 2,488.65 | -1.51% | | | | NASDAQ 7,373.08 | -1.53% | | | | | *As of market close | | | • | Stocks fell 1.51% on Friday, as stocks finished lower for the week. | | | • | Oil prices rose 14.53%, as global leaders start to work out a plan for production cuts. | | | • | Gold prices rose 0.68%, as the jobs numbers point to a bleak economic picture ahead. | | | • | Cryptocurrencies traded lower, with Bitcoin finishing 2.18% lower closing at $6715. | | | | | |
| | | 5 Drug Makers to Watch as Peak COVID-19 Approaches | | | | All of the current plans are centered around the idea that we are nearing the peak in the number of COVID-19 cases nationally, which is projected to be April 15.
While a lot of uncertainties exist, one thing's for certain, companies are scrambling to improve testing, manufacture equipment, produce a vaccine or other treatment for it before it's expected to pick back up in the fall. Also, investors are picking the winners and losers right now.
» FULL STORY | | | | |
| | This Insider 'Dude' Has a Dell and is Buying More | | | | Depending on how old you are, you may remember the Dell commercial of the "computer-loving slacker" named Steve that had his famous line, "dude, you're getting a Dell."
Like many companies over the past month, DELL has not been immune to selling. From mid-February and into March, the stock lost over 50% of its value. At one point the stock was trading over $20 below post IPO price. It was at this point that Michael Dell began buying shares.
» FULL STORY | | | | |
| | Option Traders Placed Bearish Bets on this Bank Just Before the Close on Friday | | | | Deutsche Bank Aktiengesellschaft (DB) has struggled to get its footing since the financial crisis in 2008 and especially since 2014. The company had a plan to restructure, including laying off thousands of employees, but with the COVID-19 outbreak, that plan has been shelved for the time being.
With less than 10min to go until close of trading on Friday, over 2700 contracts of the 9 APR 20 $5.50 put were purchased for around $0.16-$0.17 a share.
» FULL STORY | | | | |
| | | | TOP | | | OXY | 27.41% | | | | APA | 14.712% | | | | FANG | 11.724% | | | | HP | 11.512% | | | | DVN | 8.744% | | | | BOTTOM | | | PAYC | 8.965% | | | | XRX | 8.55% | | | | MGM | 8.08% | | | | DFS | 7.938% | | | | WYNN | 7.917% | | | | |
| | |  | | I know there's a lot of hard-working small businesses that couldn't get their applications processed this week…They shouldn't worry about it. There's plenty of time. There's plenty of money left. This is a great opportunity for small businesses to make sure they keep everyone employed and bring people who they laid off back to work. | | - Treasury Secretary Steven Mnuchin, quoted by CNBC  | |
| | Marijuana's Breakout Year Is Here | | | No one could have predicted the coronavirus outbreak. Fewer still imagined that the DOW would plummet by 10% - the worst single-day drop since Black Monday 1987. But now there is a way to accurately pinpoint surging pot stocks before they take off.
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