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Saliva Test For COVID-19 With "Less Than 1 Second" Results Enters Trial Phase In Israel
Article By: Tyler Durden
Thursday, August 13, 2020 10:39 PM EDT
Sure to be welcome news for those eager to return to work and school, an Israeli hospital is hosting clinical trials for a new "instant" test which utilizes saliva, instead of the more invasive and uncomfortable deep nasal swab.
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Is Kamala Harris A Nauseating Political Opportunist?
Article By: Mish Shedlock
Thursday, August 13, 2020 4:46 AM EDT
Harris’ addition to the Biden ticket, then, is not a great feminist achievement. Rather, it is a harsh blow to the feminist cause.
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UK Falls Into Recession For The First Time Since 2009
Article By: Adam Vettese
Wednesday, August 12, 2020 4:10 AM EDT
It was no secret that when the UK’s GDP figures came out this morning they would confirm a recession – defined as two consecutive quarters of economic decline – the question was by how much.
In this article: TCEHY, MRNA, LYFT Also: DIA, SPY, COMP, AXP, BA, HSBC, IAG, JPM, RBS, EADSY, ESYJY, RYCEY, SCBFF, TUIFY, AAPL, INTC, MSFT, NFLX, NVDA, TSLA, SPX, BITCOMP, ETH-X, XRP-X, WZZAF, CSCO
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E Market Briefing For Wednesday, August 12
Article By: Gene Inger
Wednesday, August 12, 2020 2:36 AM EDT
The enterprise value of many stocks trying to bottom now is questionable, given the borrowings and overall Debt situation, but the market is probing structure for a post-Covid era, that if we keep calm with China, might be a global resurgence.
In this article: ALV, MRK, SRNE, QQQ, DIA, GLD, SMH, NDX, SPX, SPTL
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Yellow Flag Jobs Data
Article By: John Mauldin
Sunday, August 9, 2020 9:00 AM EDT
Debt is problematic when it underwrites unnecessary consumption. Going on vacation, for instance, is generally a bad idea if it saddles you with years of credit card payments. But debt helps when used to finance productive assets.
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Back To School? A Billion Students Still Hit By Closures
Article By: Tyler Durden
Sunday, August 9, 2020 7:59 AM EDT
Back to school season is just around the corner and, as Statista's Niall McCarthy reports, that's the number of learners who still aren't able to attend class (as of early August) due to the pandemic.
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July Jobs Report: 1.8M Jobs Added, Unemployment Rate Drops To 10.2%
Article By: Jill Mislinski
Sunday, August 9, 2020 1:59 AM EDT
The employment-population ratio and participation rate will be interesting to watch going forward. The transition of the Baby Boomer cohort to full retirement age won't end until 2030.
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E Market Briefing For Thursday, August 6
Article By: Gene Inger
Thursday, August 6, 2020 2:37 AM EDT
An economic chasm risks occurring right when COVID-19 will collide with seasonal influenza, with complete confusion occurring amidst the public, if nothing's achieved in the very short time-frame that remains.
In this article: SRNE, LPTH
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Avoiding The Urge To Trade Here
Article By: David Moenning
Wednesday, August 5, 2020 11:11 AM EDT
The key to the current situation is the market appears to be in a "trending" mode, which usually doesn't favor a "mean reversion" trading approach.
In this article: SPX Also: VIX
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The S&P 500 Rides Higher With Fed's Blessing, Megacap Tech Earnings
Article By: Ironman
Monday, August 3, 2020 3:59 AM EDT
Combined with strong earnings reports from the megacap tech companies whose share of the S&P 500 has surged during the coronavirus recession, last week the S&P 500 index continued its upward trajectory, as anticipated.
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'Be Wary Of Cashing In' - For The Week Ahead
Article By: Benzinga
Sunday, August 2, 2020 3:24 PM EDT
Stocks closed the week practically unchanged after mixed reactions to a slew of blow-out earnings results. Broad-market equity indices held onto recent gains, evidenced by the absence of directional surprise.
In this article: BA, GM, PFE, XOM, MSFT, TSLA, MRNA, SPX, FCAU
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Bitcoin Hits One-Year High Then Plummets After "Someone" Liquidates $1 Billion In Seconds To Hammer Price
Article By: Tyler Durden
Sunday, August 2, 2020 10:56 AM EDT
The infamous cryptocurrency dash-and-smash was on full display overnight, when shortly after midnight ET, bitcoin hit a one-year high of $12,112, before it was hit by a furious wave of selling that sent the price as low as $10,550.
In this article: BITCOMP, ETH-X
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European Resurgence
Article By: John Mauldin
Sunday, August 2, 2020 10:00 AM EDT
Big things have been brewing in Europe. The same Europe that 2 years ago I said was going through “monetary drug withdrawal,” is now set to outpace US growth by a wide margin. US growth, which had led the world for years, now looks likely to lag it.
In this article: GLD, UDN
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Stock Warrants To Trade On Occidental Petroleum (OXY)
Article By: Dudley Pierce Baker
Sunday, August 2, 2020 1:00 AM EDT
For the first time, we have long term stock warrants to trade on a major oil company with a long life (7 years) until expiration and an exercise price of $22.00
In this article: OXY
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Big-Tech CEOs Release Their Prepared Remarks Ahead Of Historic Hearing
Article By: Tyler Durden
Wednesday, July 29, 2020 10:20 AM EDT
In a few hours (at 12ET), the CEOs of Amazon, Google, Apple, and Facebook will testify before House lawmakers over allegations of anti-competitive practices.
In this article: AAPL, GOOG, FB, GOOGL, AMZN
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E Coming Soon: The HEALS Act
Article By: David Marshall
Wednesday, July 29, 2020 7:05 AM EDT
The Senate released its version of a second set of COVID-19 relief measures late Monday night. It is called the HEALS Act for Health, Economic Assistance, Liability Protection and Schools. The House version called the Heroes Act was passed in May.
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