AbbVie manufactures the anti-viral medication ritonavir , which is used to combat various viral infections, such as HIV and Hepatitis C. Ritonavir is also being used to treat the novel coronavirus. www.natap.org As the SARS II outbreak certainly worsens, ABBV might be one of the few stocks that survives the coming financial storm. A short term pullback is...
I believe that the NCOV virus (with an R0 of 2 and kill rate of 2-3%, incubation time of 1 week) threatens to spread worldwide AND SHUT DOWN WORLD AIR TRAFFIC and many countries may close off their borders. A single passenger jet flight consumes 36000 gallons of jet fuel, people will stop going to crowded areas and travel less, and trucks will stop running their...
I like this ETF for 4 Reasons 1) The coldest months of the year are about to begin and the demand for heating should be strong until at least February 2) At $21 it still has a lot of wiggle room compared to its 52 week high of $36 3) OPEC and Russia have announced production cuts 4) Positive trade deal news is positive Energy news. I'm expecting some major action...
AMEX:NAK has just diluted a bunch of shares into the market. The drop from the news has slowed and I believe that the stock will recover from the panic selling over the course of the week, however it is possible a further drop of a few cents will occur during Monday trading, my guess would be down to 36 cents. Full disclosure I own more than a few shares and I...