biotech

"ALL IN": Catch A Falling Buzz Saw

The stock market “enjoyed” its biggest rally in 4 years on the great news that the economy is worse than expected. The recovery has been postponed until never, allowing gamblers access to 0% dopium forever. Oil fell below $39/bbl, but that’s beside the point. Everyone covered their shorts on the news, so this shit show can roll over now…The S&P […]

Biotech Breakdown: Seeking Relief Today

At Close: IBB down 2.35% to 342 at May bottom, XBI up 0.64% to 218
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Two Hours to Go 2:15p EDT, NASDAQ Down 1.79% at 4792, IBB at $349
Biotech Breakdown: Relief Today Or Another Head Fake?
Biotech stocks are trying to hold the May lows with the IBB at $342 but now at $349. There is bit of buying today and most biotechnology […]

Biotech Stocks – Is It Still Worthwhile Trading? -Kite Pharma Inc …

Biotech
Biotech Stocks – Is It Still Worthwhile Trading? -Kite Pharma Inc (NASDAQ:KITE), Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI), Galena Biopharma Inc (NASDAQ:GALE)
By Chris Sester -August 17, 2015209

Kite Pharma Inc (NASDAQ:KITE) declined-3.46% to end last trading session at $58.00. The company, on August 14, 2015, reported that it will host a live conference call Today, August 17, 2015, at 9:00am Eastern Time to […]

An Inconvenient Peak In Everything. Except Bullshit.

While the plastic fantastic were busy blowing smoke up their own asses non-stop, all global markets peakedStocks are rolling over like it’s Y2KEmerging Market currencies and credit are getting shellacked like 1997Commodities are in 2008 melt-down modeAll at the same time.S&P 500w/Price range of average stockEuropean stocks peaked in April“No blind man saw that coming…”NYSE Composite % of stocks above […]

Everything Has Peaked Except the Bullshit

While the plastic fantastic were busy blowing smoke up their own asses non-stop, all global markets peakedStocks are rolling over like it’s Y2KEmerging Market currencies and credit are getting shellacked like 1997Commodities are in 2008 melt-down modeAll at the same time.“No blind man saw that coming”NYSE Composite % of stocks above 200 day moving average:‘Conomy is entering a Third Wave […]

Black Swan Diving Into Pavement: For Fun and Profit

Corporations import Third World deflation (poverty) and Central Banks turn it into 0% capital for speculation. It’s exactly what an Idiocracy would do, given the chance. Instead of questioning the use of 0% interest rates to fix a catastrophe caused by 1% interest rates, the Idiocracy went to work monetizing poverty.This entire creep show…0% interest rates, blue light specials, stock […]

These are the Biggest Risk to Biotech – Stocks to Watch – Barrons.com

By Ben LevisohnIn a note this morning, BofA Merrill Lynch’s Christina Giannini and team note that the risk for big-cap biotech stocks–think Gilead Sciences (GILD) and Biogen (BIIB)–and small-cap biotech stocks–everything else–are quite different. They explain:
Associated Press

Biotech is now more passive than actively managed: Perhaps due to the difficulty picking stocks within such an idiosyncratic sector given the complicated science […]

Some Long-Term Charts At Key Inflection Points

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Some Long-Term Charts At Key Inflection PointsBe aware of these surroundings, friends!by Chris Kimble.It could pay to be “aware of these surroundings!”(1) – Nasdaq Composite Index (COMP) is back at 2000 highs, with little wiggle room at the top of this rising wedge pattern(2) – Google (GOOG) (GOOGL) shot up after earnings two weeks ago hitting a resistance line based […]

Goldman Sachs: Hedge Biotech Stocks Now – Stocks to Watch …

By Steve SearsGoldman Sachs is telling clients to hedge the bio-technology sector in anticipation of a sharp decline. Early Monday, the bank told clients to buy SPDR S&P Biotech ETF (XBI) December $230 puts. During the pre-market, the ETF was priced at $255, and the put was at $15.50.
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“These puts are about 10% out-of-the-money and cost about […]

Market Recap Top Down

The market staged another strong recovery this week as the SP500 regained its 20 WMA after briefly dipping below the last couple weeks. How quickly this market responds is a testament to why sticking to the long-term trends and keeping an open mind are so beneficial for proper money management. During this most recent “meltdown” (where the SP500 declined only […]