Submitted by Daniel Drew via Dark-Bid.com,Biotech has a special place in the heart of the gambler investor. In the modern market where the average investor doesn’t stand a chance, some of them indulge their hope and turn to lottery tickets. If only they can get the next Gilead or the next Amgen, they will become the next wildly successful “maverick” […]
Several major biotech companies like Biogen (BIIB – Analyst Report), AbbVie (ABBV – Analyst Report), Celgene and Gilead reported second quarter results over the last five trading days. Biogen has been grabbing headlines for the wrong reasons – although the company’s earnings were better-than-expected, revenues missed expectations.With the company saying that it is cutting its outlook based on revised expectations […]
Via Dana Lyons’ Tumblr,We’ve used much of the space here in the past several weeks pointing out the deteriorating breadth conditions in the U.S. equity market. The trend has been so profound it has now reached the point where it could potentially shift from one of short or intermediate-term relevance to something that might impact the longer-term cyclical bull market. […]
The best-performing Canadian stocks amid the commodities rout have one thing in common: the mighty U.S. dollar. Earnings estimates compiled by Bloomberg suggest their run will continue.How short sellers are building up a new front in their war on Canadian stocksThe TSX has been weighed down the past year by commodities. But now it faces a new threat: foreign investors […]
REUTERS/Kim Kyung-HoonA man watching a board showing the graphs of stock prices at a brokerage office in Beijing on July 6.Chinese stocks have been getting hammered recently.After a boom in activity earlier this year, the Shanghai Composite Index has tumbled during July.But China has a bigger problem — in short, the growth of nominal gross domestic product (the size of […]
Yves here. This post, which ran in the second week of July, provides important background on how and why Chinese authorities ramped the stock market, and what the ramifications of the its implosion are likely to be.By Alicia García-Herrero, Chief Economist for Asia Pacific at NATIXIS, Senior Fellow st Bruegel and non-resident research fellow at Real Instituto El Cano. Originally […]
An Expert That Correctly Called The Last Two Stock Market Crashes Is Now Predicting Another One
By Michael Snyder, on July 28th, 2015What I am about to share with you is quite stunning. A well-respected financial expert that correctly predicted the last two stock market crashes is now warning that we are right on the verge of the next one. […]
(Drivebycuriosity) – “The end of capitalism has begun”, claims the British paper “The Guardian” (theguardian). The text looks like a wet socialist dream. Paul Mason, a Marxist and author of this article, declares that information technology (Internet, software, cloud computing and more) will destroy capitalism and replace it by “postcapitalism”.I disagree. Capitalism is just changing its face, as it has […]
REUTERS/StringerSee AlsoChina’s small investors are looking for a way out of stocksChina shares slip again as Beijing scrambles to calm marketsUS funds aren’t bailing on China yet despite a free-fall in stocksMrs Zhu is just the type of investor the Chinese government should worry about as it tries to engineer a turnaround in the country’s stock markets, whose massive swings […]
REUTERS/China DailyInvestors look at computer screens showing stock information at a brokerage house in Wuhan, Hubei province, China, July 3, 2015.See AlsoChina’s small investors are looking for a way out of stocksChina shares slip again as Beijing scrambles to calm marketsUS funds aren’t bailing on China yet despite a free-fall in stocksMrs Zhu is just the type of investor the […]
