BloombergThe iShares Nasdaq Biotechnology ETF over 12 months
Stocks sold off on Thursday after a post-Fed rally on Wednesday.
But the Nasdaq still gained ground thanks to the biotech sector which gained about 2% on Thursday. In fact, biotech stocks have been on fire all year. They’re up about 15% year-to-date.Last month, Max Nisen at Quartz wrote that while everyone is focusing on […]
CNBC: March 17, 2015A Hidden Bear Market In the Dow Threatens All Stocks“A third of the members of the blue chip barometer have hit new 52-week lows this year. By no coincidence, the Dow briefly turned negative for 2015 Tuesday.”% of Dow stocks above 200 day moving averageAnd LumberZH: March 17th, 2015: Housing Starts at 18 Month Lows. Biggest drop […]
Gold Up 11% in Euro This Year As Currency Wars IntensifyGold has risen 11% versus the euro in 2015
Builds on 12% gains against the euro in 2014
Sentiment poor despite reasonable performance
Gold performing well considering significant gains in stocks and dollar
Dollar centric view misleading
Currency wars intensifying
Complacency and hubris rife
Gold rose 12% against the euro in 2014 and so far in 2015, […]
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Today Robinhood is opening up its zero-commission stock trading iOS app to everyone.The company’s initial app launch was something of a limited release. Only a select number of people were able […]
Annual health tech fests like the JPMorgan Health Care Conference, Biotech Showcase, and One Med Forum came and went this year in San Francisco. The star performers in this sector no doubt have a lot to brag about. They will also have a lot of explaining to do when the biotech and health care sectors eventually crash.The NASDAQ Biotechnology Index […]
LOS ANGELES (MarketWatch) — About 10 hours ahead of the start of U.S. stock trading in New York, share-index futures were implying a moderately higher open for the Wednesday session. Futures for the S&P 500 SPX, +1.26% Dow Jones Industrial Average DJIA, +1.47% and Nasdaq 100 all pointed to a 0.3% gain at the start of trade. While the futures […]
There’s nothing better than getting a great value — and let’s face it, when the market tumbles, often great stocks get crushed too. That could end up being particularly true in biotech. Since 2013, the industry’s return has tripled the S&P 500’s return, and that may mean that with the market slipping lately, biotech’s leading names — including Celgene — […]
Source: Flickr user stockmonkeys.com.Investing in clinical-stage biotech stocks isn’t for the faint of heart. The industry’s jaw-dropping pops and drops can be so dramatic as to suit these stocks only the most speculative portion of an investor’s portfolio.However, for investors willing to accept the risk of buying little-known biotech stocks such as Ophthotech , Portola Pharmaceuticals , and Insys Therapeutics […]
Lim: Nasdaq 5,000 Not Different This TimeMarch 3, 2015“Tech is 47% of the index … [A]t an average P/E of 21.5, the Nasdaq is still considerably more expensive than the Dow Jones industrial average, the S&P 500, European stocks, emerging market stocks, and the list goes on and on. …“[T]he Nasdaq Biotech index now trades at P/E of around 50. […]
The recent post took a look at the Equity Put/Call Ratio (the ratio of put volume to call volume for all listed options of individual stocks across all exchanges) and what it tells us about the market. Above we see a five-day moving average of the Index Put/Call Ratio (the ratio of put volume to call volume for all listed […]
