AFLAC Jumps 26% in One Day

This was another remarkable day for the stock market. The S&P 500 gained 1.15% which means the market did something it had not done in over a month: it registered back to back gains. It’s refreshing that after Tuesday’s big gain, the market didn’t immediately give back all of its gains.

Our Buy List gained 2.55%. It was led by AFLAC (AFL) which gained 26.2%. That’s astounding. Both Middleby (MIDD) and Ross Stores (ROST) gained over 13%. Ross had been upgraded by Goldman Sachs. They said that Ross has enough cash on hand to keep operations going.

Tomorrow we’ll get the jobless claims report and it will be historically bad.

Posted by on March 25th, 2020 at 7:58 pm


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