Coronavirus stock market rally triggers the dreaded 'death cross'
It could be time to sell stocks again, if this bearish stock market predictor is correct. Yahoo Finance
Monthly Archive: March 2020
Gilead Sciences Expects Coronavirus Drug Data in Coming Weeks, Expands Access
Gilead Sciences Inc. (GILD) said it is expecting to have initial remdesivir drug data in coming weeks. The experimental drug is currently being evaluated as a potential treatment for coronavirus patients.“Multiple studies are ongoing, and...
Exxon’s Safe Dividend Makes XOM Stock a Bargain Right Now
Exxon (NYSE:XOM) pays $ 3.48 per share in dividends to its shareholders. Will the dividend be cut? So far, not. So the dividend yield for XOM stock is 9.8%. This is a rare bargain.Source: Harry...
Bank of America’s Race to Avoid Public Shaming Underscores the Perils of the Crisis
(Bloomberg) — For 93 uncomfortable minutes, Bank of America Corp. rushed to escape infamy this week, before it was saved by the grace of James Corden, the affable talk show host known for crooning in...
The Airlines Most in Danger of Going Under During the Crisis
(Bloomberg) — The global airline industry has never had it so bad. Not even after the 9/11 terrorist attacks.Airlines could lose a quarter of a trillion dollars in revenue this year, according to the International...
Texas Billionaire Who Levered Restaurant Empire Hit on All Sides
(Bloomberg) — Last month, on the Friday before the U.S. stock market recorded its worst weekly plunge since 2008, Texas billionaire Tilman Fertitta was beaming.As he prepared to host an annual Mardi Gras celebration at...
