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11/20/2020
Wall Street traded in another tight range to close out the week as cross-currents continue to weigh on sentiment — and more in Friday’s stock market update. Headwinds include ongoing coronavirus concerns, renewed restrictions, updated vaccine developments, stimulus uncertainties and worrisome outlooks in the economy. Selling pressure picked up in […]
11/20/2020
I learned an unforgettable lesson long before I became an investor. It was way back in the dark ages: the 1980s. I was a young journalism student at the University of Florida (go Gators!), and a professor had us read an article from that day’s local newspaper. We had a […]
11/20/2020
Personal computers have been around for nearly 40 years now… But since they were first designed to process words and numbers, most people don’t realize that personal computers (and conversely algorithmic trading) are the biggest catalysts to trading. You see, everyday traders like you are now able to back test […]
11/20/2020
Global stock markets are subdued this morning as worries remain high over the rise in COVID-19 infections and whether a potential vaccine could salvage global economies moving forward. With state and local governments in the U.S. imposing tougher precautionary measures (like mask mandates, banning indoor restaurant dining and closing gyms) […]
11/19/2020
Wall Street continued its seesaw action following a slightly disappointing jobs report and a new string of closures coming to major cities by Friday night — and more in Thursday’s stock market update. New York City, home to the largest public school system in the country, suspended in-person school learning […]
11/19/2020
A lot of people the past few weeks have wondered why their beloved stay-at-home stocks are falling. This particular group has traded sideways in the wake of positive COVID-19 vaccine news from both Pfizer Inc. (NYSE: PFE) and Moderna Inc. (Nasdaq: MRNA) in back-to-back weeks. It reminds me of a […]
11/19/2020
Global stock markets fell this morning as the rise in COVID-19 infections in the U.S. and Europe outweigh investor confidence about a potential vaccine. State and local governments around the U.S. are now imposing stronger precautionary measures (like limiting the size of gatherings, banning indoor restaurant dining and closing gyms) […]
11/18/2020
Wall Street closed lower as vaccine hopes were offset against the ongoing resurgence in coronavirus cases — and more in Wednesday’s stock market update. Pfizer Inc. (NYSE: PFE) announced its vaccine was 95% effective in its final read of study data, and said it will seek government authorization in the […]
11/18/2020
Global stock markets opened higher this morning after Pfizer Inc. (NYSE: PFE) said its COVID-19 vaccine is more effective than first advertised. Pfizer said Wednesday that its vaccine is now 95% effective in preventing COVID-19, and that the company plans to submit the potential drug to U.S. regulators in just […]