Diamonds and Dogs
Walmart (WMT) is up 3% following the second upgraded this week as the coronavirus pandemic drives shoppers to their local grocers to stock up on food and necessities. Walmart is now up for the year along with the major grocers like Kroger's who are witnessing record sales.
Wynn Resorts (WYNN) is down 27% as Nevada orders the casinos in Las Vegas to close with other non-essential businesses to close as well. The Governor is instructing bars, movie theaters and gyms to close by noon Wednesday while restaurants should shutter their dining rooms and only offer takeout or delivery in order to stem the spread of the new coronavirus.