The S&P 500 sank more than 7% just minutes after the open this morning, triggering circuit breakers that temporarily halted trading to prevent a further plunge. Since its all-time high reached on February 19, the S&P 500 is down roughly 18%. The market resumed trading at 9:49am ET, with stocks continuing their decline and the Dow briefly dropping more than 2,000 points as a full-blown oil price war rattled financial markets already on edge over the rapidly spreading coronavirus...
Enzo Biochem (NYSE: [ENZ]( Enzo Biochem shares gained as much as 68% on Friday and are up nearly 19% this morning after the company announced that it will begin accepting respiratory specimens this week for its in-house test for the coronavirus. âClinical laboratories play a vital role ..
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PPC has a big bargain proposition and could be a good defensive buy
The market seems set to keep selling off â but is the story really as bad as it seems? The news continues to revolve around coronavirus-induced fear. Itâs true that the spread of the virus continues to get bigger; but there are also indications that the worst effects may have already begun tapering off. I noticed a medical report yesterday that concluded not only that the virus had mutated into two different strains, but according to the report, the more deadly of the two â which is the virus that originated in Wuhan, China â also seems to be dropping, while the second, less-deadly strain is the one that is spreading to other parts of the world, including the U.S.
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Featured Stock
[Â Cleveland BioLabs, Inc. (CBLI) â Buy Target â $3.75 or better](
Cleveland BioLabs, Inc., a biopharmaceutical company, develops novel approaches to activate the immune system and address various medical needs in the United States and Russia. Its proprietary platform of toll-like immune receptor activators (TLR) has applications in mitigation of radiation injury, radiation oncology, and vaccines. Â
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Trend Following Picks
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[(VIPS) â Buy Target â $17.00 or better](
[(BLU) â Buy Target â $10.75 or better](
[(CBB) â Buy Target â $15.00 or better](
[(KIN) â Buy Target â $11.00 or better](
[(AAON) Buy Target â $58.00 or better](
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Reversal Picks
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[(TK) Buy Target $3.91 Sell Target $4.57](
[(ARDX) Buy Target $7.25 Â Sell Target $7.85](
[(GPRO) Buy Target $3.84 Sell Target $4.12](
[(XOMA) Buy Target $24.74 Sell Target $26.31](
[(DHT) Buy Target $6.38 Sell Target $7.31](
[All Picks](
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