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Coronavirus (COVID-19)

Top Ways to Make Serious Money in StocksEveryone who was reading our reports yesterday was prepared for the big correction in stocks yesterday! Some of our traders made serious money off this! Recall that we mentioned that stocks were having trouble with all time highs and that it was realistic for a correction before they could make a run to solidly break all time highs. We explicitly called out the level 3357. Note that now, the Kovach indicators are solidly bullish, indicating that there was a substantial buy back at the levels we identified. Perhaps this means people are paying attention to our reports :) Stocks are likely to maintain this range as they feel out the new territory, at least for a bit before gunning for new highs. We are still bullish of stocks, though it is hard to ignore the impending bubble. Until we hit systemic defaults from great depression level unemployment, we can expect this party to continue.
FX:SPX500Long
by quantguy
Best Way to Trade the Stock RallyStocks are hugging all time highs, narrowing down about 3396. They have consolidated quite a bit suggesting a breakout is imminent. Thus it is imperative to watch what they do around this level and at opening. It could go either way, we could have a breakout, since Ghostsquawk AI is registering some very risk-on sentiment this morning. If it doesn't, 3375 (short term), or even 3357 (longer term) are reasonable targets to hit before again gunning for highs. It could hit either of these levels and still be in 'bull mode'. The Kovach indicators are very strong here, though the OBV has flatlined very recently, but its previous strength suggests there may be enough in the tank to punch through ATH's today.
FX:SPX500Long
by quantguy
COVID-19 VisualHere is a visual of the "deadliest" pandemic since the Spanish flu. 771,518 / 13,462,165 = .05 5% Death rate 95% Recovery Rate! (This is with NO vacine available!!) Not everyone who recovered did it naturally (could have used modern medicine and techniques to assist them) Not every death was due to ONLY having Covid at the time of death (could have been suffering from health problems, pre-existing conditions or a number of different reasons) This is an informational visual for those who are interested in the comparison. Opinion: blue line will increase violently orange line will slowly decrease to zero. You are encouraged to do your own research of the statistics and data available surrounding covid, the spanish flu, and other illnesses throughout history to form your own conclusion. Informational purposes only Opinions are welcome
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by MarketMastermindsGroup
Bitcoin vs COVID-19 - The pathway back to all time highs in $BTCAs the world entered its first pandemic in 100 years all financial markets cratered in early 2020. Even popular safe haven assets like $GOLD were not immune to the rush to liquidity amidst the panic and uncertainty. $BTC not widely known for its "safe haven" status also suffered the effects of this global liquidity squeeze. After 30 days of pain the fed ultimately injected trillions of dollars of liquidity into the financial markets while dropping rates to 0%. As the money printers go brrrrrr and the horrific economic data confirms the damage, investors and now seeking alternative safe havens for their cash as the purchasing power of all currencies is eroded by central bank money printing. The fundamental case for Bitcoin has always been there. Bitcoin, like Gold is hard money. By design Bitcoin is a scarce asset. You cannot print more bitcoin, there is a finite supply. Bitcoin is a weapon to battle deflation and inflation. Regardless of your opinion on Bitcoin my argument is this: Bitcoin will capture a growing asset allocation from investors as a hedge over the coming years. Not just from internet kids and contrarian investors but major institutions. A small shift in this allocation will send Bitcoin to a 6 figure price. The Chart: Bitcoin has broken up from a major falling wedge pattern. The volume spike is a massive tell. You can easily see the final capitulation followed by a very strong move upwards. 10500 is a key level and trading above here would provide strong conviction.
COINBASE:BTCUSDLong
by panicselling
4
WAVE.V -- Bottoming Out Undervalued Pharma/COVID-19 PlayThe most attractive part of WAVE.V is share structure: 54M total float with 41M shares held by insiders / escrowed, leaving about 13M shares free trading. The company owns a portfolio of generic oncology drugs from which it generates over $300K of quarterly revenue. $1M in cash on hand. Based on last financials, they are $83K away from generating positive cash flow and recent developments suggest they will get there sooner rather than later: -- Received grant to develop a rapid COVID-19 saliva based test in partnership with the University of Manitoba -- Received authorization from several EU countries to expand sales of their generic oncology drugs -- Expecting FDA authorization in Q4 2020 At below $10M mkt cap and in the absence of any cheap paper overhang, I feel that this is a tremendous opportunity. Compare it to something like THRM.V which is developing a similar saliva-based COVID-19 test, has next to nothing in revenues, a ton of cheap paper, 3x the float and 3x the market cap, and you realize that current valuation makes no sense. Chart suggests the stock is reversing from short term downtrend after finding bottom at .15. A doji, followed by green candle on increased volume and EMA 20 crossing above EMA 50 providing additional support at .16. Today was a pullback on lower volume that resulted in a higher low. I used it as an opportunity to pad my position. Next catalysts that could propel sp to significantly higher levels are updates on the oncology drug sales in Europe, rapid COVID-19 test development progress and FDA approval of oncology drugs for sale/marketing in the US.
TSXV:WAVELong
by wealth_bakery
KODK LONG SET UP (Kodak Co)TITLE/(DATE)- KODK stock ASSET- STOCK PLATFORM-Robinhood ORDER TYPE- BUY Time Frame-1hr ENTRY PRICE 1- $9.00 (market) ENTRY 2- $5.00 (pending) STOP LOSS- $2.00 TAKE PROFIT 1-$14.00 TAKE PROFIT 2- $18.00 TAKE PROFIT 3- $24.00 TAKE PROFIT 4- $30.00 TAKE PROFIT 5- $34.00 TAKE PROFIT 6- $40.00 STATUS: Active BRIEF-DFC To Provide $765 Mln Loan To Eastman Kodak Co To Support Launch Of Kodak Pharmaceuticals July 28 (Reuters) - U.S. International Development Finance Corporation: * U.S. INTERNATIONAL DEVELOPMENT FINANCE CORPORATION - TO PROVIDE $765 MILLION LOAN TO EASTMAN KODAK CO TO SUPPORT LAUNCH OF KODAK PHARMACEUTICALS * DFC - KODAK PHARMA TO MAKE CRITICAL PHARMACEUTICAL COMPONENTS IDENTIFIED AS ESSENTIAL BUT HAVE LAPSED INTO CHRONIC NATIONAL SHORTAGE, AS DEFINED BY FDA * DFC - DFC’S LOAN TO ACCELERATE KODAK’S TIME TO MARKET BY SUPPORTING COSTS NEEDED TO REPURPOSE & EXPAND EXISTING FACILITIES IN NEW YORK & MINNESOTA Sector: Electronic Technology Industry: Electronic Equipment/Instruments Employees: 4922 Eastman Kodak Co . engages in the provision of analog and digital innovations. It operates through the following segments: Print Systems; Enterprise Inkjet Systems; Kodak Software; Brand, Film and Imaging; Advanced Materials and 3D Printing Technology; Eastman Business Park, and All Other. The Print Systems segment comprises of prepress and electrophotographic printing Solutions. The Enterprise Inkjet Systems segment includes prosper and Versamark business. The Brand, Film and Imaging segment involves includes industrial film and chemicals, motion picture, and consumer products. The Advanced Materials and 3D Printing Technology segment offers kodak research laboratories and associated business opportunities and intellectual property licensing. The Eastman Business Park segment includes the operations of the Eastman Business Park, an acre technology center and industrial complex. The All other segment composes RED utilities variable interest entity. The company was founded by George Eastman in 1880 and is headquartered in Rochester, NY.
NYSE:KODKLong
by MavRich_Trading
7 Reasons to buy DXLG now!DXLG Destination XL Group, Inc. is a leader retailer in Big & Tall men's apparel. Company is publicly traded since 1988 The Monthly chart shows a buy setup in 7 different aspects 1) Massive buy volume in the month of July. Buyers are mostly institutions as you can see in the following link. As of today 70% of shares are held by institutional funds. i.imgur.com 2) Absolute third bottom since 1998. The last time DXLG was at this price was during 2009 crisis. This is the definition of buying the dip. 3) Tom Demark Sequence reached 9th sequence. For those who know about TD Seq , numbers 8 and 9 indicate a reversal 4) 3 different divergences are formed at this level. MACD , VWMacd & MFI . This means price has to be higher according to these indicators but instead it went lower and created a divergence 5) Williams Vix Fix Indicator is used to identify the bottom of a trends. As you can see from the green bars that we reached the bottom and a reversal is imminent. 6) SToch RSI is bottomed and now picking up 7) MACD in the red area heading towards green Cash Runway Analysis Stable Cash Runway: Whilst unprofitable DXLG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level. Forecast Cash Runway: DXLG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 50.4% per year. Company got hit hard by COVID-19. Brick & Mortar stores had to close temporarily but sales continued through website and Amazon.com In a medium term trade(1 - 2months) you can target a reasonable profit of over +25%, the longer you hold, obviously the more profitable it gets according to the past data. As you can see the stock traded between $0.3 / $15 in the past. Please do you own due diligence and remember it's a chaotic year, so always look for safe plays.
NASDAQ:DXLGLong
by Kryptolinks
Best Bond Trading Ideas Amid CoronavirusAfter plummeting a full handle, ZN seems like it is poised to retrace a bit. The collapse has created several vacuum zones and it is reasonable that it retraces slightly. It looks like we are seeing an inverse head and shoulders pattern in ZN, which suggest an upside breakout. It is important to let the right shoulder fully form. Then watch the neckline at 139'13. The Kovach OBV is extremely oversold and the Kovach Chande has swung back, so a short trade may be crowded. We have a green triangle on the KRI at the head of the inverse H&S suggesting this may be the bottom.
CBOT:ZN1!Long
by quantguy