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A Remedy for Corona Virus? Biotech Stocks in Breakout Mode

A Remedy for Corona Virus? Biotech Stocks in Breakout Mode

Biotech stocks have been the poster child of relative strength in recent weeks. Relative strength (not to be confused with the Relative Strength Index) measures the performance of a stock or index against a broader benchmark like the S&P 500 index ($SPX.X). Though...

Three Ways the Market Is Completely Obsessed with Coronavirus

Three Ways the Market Is Completely Obsessed with Coronavirus

Stocks tried to bounce last week as markets obsessed over the spread of coronavirus. The S&P 500 at one point was down as much as 1.8 percent, but rallied late on Friday to close up 0.6 percent. It followed the worst week since 2008 and kept the index below 3,000....