Ideas For Now-

<<WATCH>>

GDDY--

INO--

Interesting Angle) Funding from Gov

Inovio hasn't received a large funding commitment from the U.S. government's Operation Warp Speed (OWS) program so far. However, the company is farther along in clinical testing with INO-4800 than some other drugmakers that have received significant funding from OWS. One potential reason why that's the case is that in the past Inovio's capacity for manufacturing INO-4800 was only a fraction of the capacity of others in the race to develop coronavirus vaccines.

Now, though, Inovio's deal with Thermo Fisher Scientific could change the dynamics. The capability to produce 100 million doses of INO-4800 just might catch the attention of OWS or the governments of other countries hoping to secure COVID-19 vaccines.

At the same time, the potential safety issue with AstraZeneca's COVID-19 vaccine candidate could spur OWS to consider adding another investigational vaccine to its roster of funded programs. The U.S.committed $1.2 billion in funding to the big drugmaker in May to secure 300 million doses of AZD1222.
 
El Pollo Looks Good-

Systemwide and company-operated comparable restaurant sales were up 3.7% and 4.2%, respectively, through February. This early sales performance enabled us to deliver pro forma adjusted earnings per share of $0.16 for the quarter. Prior to the impact of COVID-19 we felt very optimistic about our business and the ability to sustain momentum over the balance of the year. Obviously, COVID-19 changed things.

Following the slowdown in March, systemwide comparable restaurant sales for the quarter ended down 1.5%. From March 1 through March 25 system comparable restaurant sales were negative 15.5 % with the last two weeks slightly better than negative 30%. As the realities of the COVID-19 pandemic set in we responded rapidly and in unprecedented ways. In keeping with state and local regulations we began operating on our drive-through where available, take out, mobile pickup and delivery-basis only.

Historically, we have had a sizable off premise mix of approximately 78% including roughly 45% through our drive-through windows, 30% take out and 3% delivery and thus we were relatively well-positioned to operate in this new environment. We're pleased with the trajectory of our recent sales trends. While second quarter to date system comparable restaurant sales are down 23%, we have seen sequential improvement in each of the last six weeks with system same-store sales over the last week expected to come in at around negative 10%. I have always felt that it is during difficult times that you truly understand the capability and soul of an organization.

I've worked in some great companies with exceptional people, but I can honestly say that I've never been more proud of a team than I am of my El Pollo Loco family during these last few months. I'm blessed to be in the trenches with this phenomenal group of people who are working tirelessly to protect their fellow employees, franchisees and customers while providing a much-needed and valued service to our communities. I am especially grateful to our restaurant teams. We're on the front lines everyday working to provide an essential service to our customers.

Food is a necessity of course with made scratch healthier food like delicious meals we offer to be a source of comfort and reassurance during these stressful times and provide a small bit of normalcy for people whose lives have changed so dramatically in such a short period of time. We take this responsibility seriously. I can't thank our restaurant teams enough for their dedication and commitment to one another, as well as their customers. Our top priority will always be the wellbeing of our team members, franchisees and customers and we have taken critical steps to ensure the health and safety.

At the restaurant level we have provided and mandated the use of gloves and masks to all company and franchisee employees, and has instituted enhanced cleaning procedures at all restaurants, which are now occurring with greater frequency. In addition, we have installed Plexiglas shield at cashier station in all company restaurants and has made them available to franchisees as well. In our drive-throughs we have implemented contact less payment procedures to keep our transaction as hands-free as possible. Finally, we're purchasing infrared thermometers for the system and we'll begin requiring that all employees undergo a temperature check before being allowed to work a shift.

I'm Feeling This!
 
Bad News For Kramer!-- Time For Growth!

Goldman goes Overweight stocks with a shift to 'growth' from 'hope'
Sep. 11, 2020 11:16 AM ET|About: SPDR S&P 500 Trust ETF (SPY)|
Goldman Sachs is going Overweight global equities in a 3-month timeline following the recent shakeout in tech stocks, citing the potential for a “broader procyclical shift”.

Following the tech selloff and consolidation in June, risk premia for equities “remain elevated and should provide a buffer for rising bond yields with better growth,” Goldman analysts say in a note out today.

“In the near term, elevated uncertainty on US elections and a better global growth outlook might benefit non-US equities more, but in the medium term a large weight in structural growth stocks is likely to support the S&P 500,” Goldman says.



Analysts are also looking a gain in bond yields, which should support the case for a rebound in cyclical stocks. Its year-end target for the U.S. 10-year Treasury yield is 1.05%, up from where it sits now around 0.7%. Goldman is remaining Underweight bonds over 3- and 12-month horizons, and moving to Underweight from Neutral in credit.

The most important near-term catalyst is more clarity of vaccines, Goldman says, but it does see the market moving to a Growth phase from a Hope phase that saw the best August rally in 35 years.

“We think that after the sharp rebound in equities, consistent with the ‘Hope’-phase early in a recovery, equity returns are likely to slow as we transition to the ‘Growth’-phase. During the ‘Hope’-phase equities are mainly driven by valuation expansion while during the ‘Growth’-phase earnings take over as a driver and valuations often decline again.”

In commodities, Goldman is long-term Overweight and still sees oil nearly doubling to $65/barrel by Q3 2021. <-- Yikes!

Options activity exacerbated the August rally and the recent correction, while there is also a “larger portion of retail investor activity,” Goldman adds.<-- Robin Hoods
 
GO DADDY HAS BEEN ADDED TO THE IDEAS FOR NOW PORTFOLIO $75.75!

Sometimes using emails to Main that get looked at once in a while by someone out fishing who then emails NYC and gets back in touch with you is the way to go!
 
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