The return of NYSE floor traders is symbolic of the return to normalcy, as vaccine candidate manufacturers are scaling up for mass production.
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I'm long this name, as I am several of the others involved. Will I add on a day like this?
Jerome Powell hit the airwaves with some words of caution and comfort. Nvidia is running into earnings. Trump administration taps former GlaxoSmithKline exec as head of vaccine task force, and how I'm playing Walmart and Datadog. Merger activity is picking up this week in the biotechnology sector and these four promising companies would be good buyout candidates. It's imperative that people get back to work, so we have this great compromise -- let's see how it might play out.
More government funding is approved to fight Covid layoffs, Gilead sells off on early reports around China trials and Intel announces earnings. The drugmaker that is partnering with Sanofi to develop a vaccine has seen its shares push higher after declining to a low in late March. There is no joy in stockville -- instead we have big companies with stocks rising. Here's why that is and what you need to understand about the rally amid the crisis.
The drug and vaccine maker possibly could see its shares double according to a key chart. Fujifilm Holdings has a promising drug that seems to work in improving the outcome for coronavirus patients in China and Japan, though Avigan is a treatment not a cure.
I am pretty well covered in my 'virus group'. I could definitely see bringing a few shares of REGN on board the next time the algorithms include that name in a broad selloff.
Not before. The race is on.
The prize could be countless lives saved and perhaps billions of dollars in revenue. TG Therapeutics and Exelixis could find themselves on the shopping lists of other companies. The market has strengthened a bit since our last update. The real threat here would be if the Fed were fooled by domestic economic data that remains better than bad, from properly preparing for a very uncertain future.
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Is Sanofi SA (SNY) a Stock to Watch After Gaining % This Week?
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