Connect with us

Hi, what are you looking for?

Jewish Business News


Which Stocks Will Be Affected by Ebola?


With news of the first reported case of Ebola on U.S. shores, there is expected to be a general feeling of panic, and that anxiety will likely be played out on the stock market. The panel of CNBC’s Fast Money discussed which stocks and sectors would be the most affected by Ebola fears.

Guy Adami noted Tekmira (TKMR) jumped 16% on the news of Ebola in the U.S., and he believes the headlines will get worse before they get better. Sentiment and momentum is likely to drive the stock, even though it is not primarily focused on Ebola treatments, but on medicine for muscular dystrophy. In this case, however, the emotions matter more than the pipeline or the strength of the drugs.

Brian Kelley thinks the market in general  is due for a pullback, and the 200 day moving average is likely to be tested, not just because of Ebola, but other factors.

Karen Finerman thinks that, since more people will be afraid to travel, teleconferencing companies will get a boost. She also said airline stocks are likely to dive but this headwind might be countered by the tailwind of lower oil prices, which are benefiting airlines.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The contract signed between the Israeli government and Pfizer shows clearly and unequivocally that this is a clinical study on humans - The agreement...


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...


Now Platika joins and elite club of $10 billion plus Israeli firms.

cialis cialis satış