Episode 123 July 18, 2020
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This week was our third consecutive week of positive week-over-week gains in the equity markets. That’s only happened one other time since January. The Dow Jones Industrial Average gained 596 points, ending the week at 26, 671 points. The S&P 500 Index gained 39 points, closing at 3,224 points this week. Some of the strength in the market seems to be better than consensus earnings reports. These earnings are still expected to be 40% lower than they were last year.
In this week’s show, we will cover the trades from last week on Corbus Pharmaceuticals, the iShares Silver Trust ETF, and NIO Inc.
And we discuss three new trades on Virgin Galactic Holdings, General Motors, and Twitter.
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