E Stock Markets In The Red

Thursday's child has far to go, along with hopes for a COVID-19 cure, another round of stimulus, and lower jobless claims. US unemployment sign-ups hit 898,000 last week, well over the consensus estimate of 830,00. So today almost all stock markets on earth were in the red.

The US election campaign presentations tonight will require that people use two televisions because the networks are not offering split screens to cover both Biden and Trump. Some people will buy new equipment which will stimulate Zoom share prices if nothing else.

As always there is news despite the world's focus on the Supremes and the US candidates. It's nice that Biden is ahead on funding, and it is said that Kamala Harris is having to quarantine herself because of an aide and a pilot she was in contact with getting COVID-19. It is also notable that teenager Barron Trump caught it from his mother or father. Melania and Barron were not given the advanced treatments used for their much older head of household.

Our president today accused Facebook FB and Twitter TWTR of being "a third arm of the DNC" after they blocked an article accusing the VP Joe Biden of having been introduced to Burisma, the Ukrainian company Hunter Biden worked for—with no evidence, published by the Murdoch-owned. NY Post yesterday. The Senate Judiciary Committee plans to subpoena Twitter CEO, Jack Dorsey.

Today's blog is late because there was a power outage in my office.

Drug dealers

*I was wrong about Walgreens Boots WBA which I wrote up negatively last Dec. It made lots of money by offering 'free' virus jabs at its drug stores and billing Medicare for triple-digit payments per vaccination.

*I was wrong to sell NantKwest NK which rose 11% today on news it is partnering with Immunitye Bio on an adenovirus to stop COVID-19. It is headed by the richest medico in the USA, Patrick SoongShiong of California.

1 2 3 4
View single page >> |
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.