This is Why Shares of Moderna Just Fell 12%

Just this morning, Moderna (MRNA) was downgraded by JP Morgan on valuation concerns. In fact, analyst Cory Kasimov said that while he is bullish on the stock, MRNA can no longer support the stock’s valuation. On that news, MRNA fell $10.  However, the pullback may not last long thanks to strong COVID-19 study results.  Remember, … Continue reading “This is Why Shares of Moderna Just Fell 12%”

World Health Organization Issues Warning of “Accelerating Pandemic”

Virus cases are still spiking around the world. Just over the last 24 hours, the world has seen another 183,000 new cases, says the World Health Organization.  Brazil reported 54,771 cases in a day.  The U.S. reported 36,.617.  And India reported an increase of 15,400. In the U.S., we’re seeing big spikes in Alaska, Arkansas, … Continue reading “World Health Organization Issues Warning of “Accelerating Pandemic””

The Top Companies Nearing a COVID-19 Vaccine

The coronavirus is still wreaking havoc around the world. To date, total confirmed global cases are up to 3.6 million, with 252,102 deaths.  In the U.S., the number of cases is up to 1.18 million.  In Spain, it’s up to 218,011.  In Italy, 211,938.  In the UK, 191,8332.  In France, it’s up to 169,583.  And … Continue reading “The Top Companies Nearing a COVID-19 Vaccine”

This is Why Oil Could Easily Drop Back into Negative Territory

Oil prices are still plunging on supply concerns. Last checked, oil was down 10% to $11.49.  All as global storage capacity plummets, and as COVID-19 keeps demand at extreme lows. “Our industry has been hit by supply and demand shocks on a scale never seen before,” BP CEO Bernard Looney said in a statement after the oil … Continue reading “This is Why Oil Could Easily Drop Back into Negative Territory”

LabCorp (LH) Stock Pops on FDA Emergency Authorization

The coronavirus fear is palpable. At the moment, 2.53 million people around the world have been infected, with more than 174,330 deaths recorded.  Schools and businesses are closed, with stay at home orders. The situation has become dire, with many folks ready to get back to work. Unfortunately, there are no vaccines readily available at … Continue reading “LabCorp (LH) Stock Pops on FDA Emergency Authorization”