Thursday, October 29, 2020

3 Biotech Stocks on My Chopping Block Right Now

You'll want to avoid these stocks like the plague…

Published: October 29, 2020

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Roger Scott

20+ years of trading experience managed over $900 million teaching thousands daily.

3 Biotech Stocks on My Chopping Block Right Now

COVID-19 has been all the buzz lately… 


And if you're a biotech company, that's great news! Anyone could throw a stone at a biotech company and it would rally. 


It reminds me of the type of climate internet stocks enjoyed in the mid-1990s. If you were an internet company, you were doing great no matter who you were. If an internet company needed a loan, money or market capitalization, they'd get it. 


But despite all the fanfare, there are three biotech stocks you'll want to avoid like the plague…

Get out now!

Global Stocks Mixed After Wall Street Sell-Off


Global stock markets were choppy today after Asian benchmarks suffered slight losses as a result of Wall Street's sell-off on Wednesday and surging coronavirus cases. 


Shares opened higher in Europe after French President Emmanuel Macron put extensive measures in place to control the virus on top of German officials already applying a four-week partial lockdown. However, the rally was short lived and panic ultimately spread to Wall Street — causing the S&P 500 to lose 3.5% overnight. 


When it rains, it pours…


In today's video, you'll also learn what the biggest catalyst for the U.S. economy is right now… long- and short-term momentum levels for all major indices… the biggest threat to the stock market… and which stocks you'll want to focus on now. 


See all the action here

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