|Day Low/High||565,00 / 581,30|
|52 Wk Low/High||441,00 / 660,00|
The RMPIA rose 3.2% for May and 3.3% for the first five months of 2020.
Let's step back and look at this market that has abandoned all sorts of safety and went all in on the stocks of companies based on the Fed's words and a promising Moderna study.
I get this rally -- it's based on more than a breaking branch this time, but there are still many uncertainties.
Use available weakness to go long or add to longs.
What's really driving the market, what's making the Nasdaq roar? Tech and science, that's what.
Don't just follow the herd, time your exits and entrances well -- even if it is a big player like Warren Buffett that is leading the charge.
It's imperative that people get back to work, so we have this great compromise -- let's see how it might play out.
For March and the first quarter, the RMPIA takes less of a hit than major indexes.
The five best performing and worst performing stocks in the S&P 500 in the previous quarter pretty much tells the tale of the tape, so here goes.
While Johnson & Johnson and other pharma cos. give us hope, here's my wish list to keep the nation safe and the economy ready to go again.
The drug and vaccine maker possibly could see its shares double according to a key chart.
I think our scientists, our medical minds, are working on an atomic bomb that can nuke Covid before it invades us.
The Fed has attacked developing problems in real-time -- and as China shows signs of life, the semi stocks are benefitting.
Amid dramatically rising jobless claims, the Fed continues to fire big bullets, the Senate is pushing its economic support package and Gilead and Regeneron have made progress on coronavirus treatments.
Here again is my approach and my three stock groups: 'rebound', 'revenue' and 'virus'.
We looked at the charts of REGN yesterday but with things (read: stock prices) changing so fast it wouldn't hurt to look again.
I am pretty well covered in my 'virus group'. I could definitely see bringing a few shares of REGN on board the next time the algorithms include that name in a broad selloff. Not before.
The biopharma giant's work on a coronavirus antibody treatment is helping move its shares in a different direction than the market has taken.
The race is on. The prize could be countless lives saved and perhaps billions of dollars in revenue.
Biotech name has bolted higher with some amazing relative strength.
Amid a flood of corporate warnings over the coronavirus, all the major stock market indexes finished last month down 6.4% to 10.1%.
But don't throw up your arms yet -- here are names that could be golden opportunities.
The biopharma giant could fall further, so wait for a candlestick reversal pattern before going long.
Are the technical and quantitative approaches on the same page?
Now, many Real Money Post Industrial Average stocks should see a boost from the holiday splurge by shoppers.
The RMPIA's 3.8% jump even beat the Nasdaq Composite Index's 3.7% October climb.
RMPIA is up 20.9% in the first nine months of 2019.
Sure, Celgene, in its tie-up with Bristol-Myers Squibb, had to sell to meet merger requirements, but look at the future pay off for Amgen.