Bullish Biotech Stocks CLDN Celladon, QURE Uniqure – Charts Trading At All Time Highby Olivier on March 10, 2015These are two extremely bullish looking Biotech stock charts. Both are trading near their respective all time high. I recently posted them on Twitter and wanted to highlight them:CLDN – CelladonCLDN recently gapped above its all time high. From a purely technical […]
In January we noted that despite Janet Yellen’s “irrational exuberance” moment when, last summer, the Fed chair mentioned biotech as a sector where valuations looked “substantially stretched,” biotech stocks have continued their relentless ascent thanks in part to M&A deals worth 40 times sales and IPOs for pre-revenue companies.Now, with the sector still making new highs, the bubble chorus is […]
Since 2008, the ultra-wealthy have been bidding up their own assets, deluding themselves that the fabricated valuations they place on them are real.Momentum bubble visualized:Sales / Price: The amount of revenue for each dollar invested in stocks:http://www.multpl.com/s-p-500-price-to-salesData from WSJ:One year ago, 41 private venture start-ups were valued at $1 billion or more. Now, 75 companies are valued above $1 billion. […]
MI 03: Jacob Ma-Weaver on Biotech and Running a Long/Short FundPosted onMarch 4, 2015byFred RockwellToday on Micro Cap Investing we have Jacob Ma-Weaver, founder of Cable Car Capital. He runs a concentrated absolute return strategy at his firm. He is always insightful and entertaining.We Discuss:His road to founding Cable Car capital
How he searches for stocks both big and micro
His favorite […]
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Small Cap Health Care & Biotech Leading The Way In 2015 Thus FarHealth Care/Biotech Names Still DominatingThe average stock in the Russell 3,000 (which makes up roughly 98% of US-listed stocks) is now up 1.68% in 2015. Below we have calculated the average year-to-date performance of stocks by sector. As shown, Health Care (XLV) (IBB) stocks are up by far […]
Hey, I see you sitting there at your computer like a wimp, with your pumpkin spice latte and lilac crème crepe. Put ‘em away.It’s time to get to work…Today you’re hopping on a good ole fashioned steamroller for an honest day’s pay. Your job is to turn every underperforming industry and market sector into pancakes…So grab your lunch pail, put […]
After trending downwards for the last year, the Nasdaq Internet Group finally looks to be breaking higher. You can see the break above the top of the downtrend in the chart below.Remember when the Internet group was surging higher right inline with the Biotech group in 2013? That surge seems like an eternity ago after the lackluster performance Internet stocks […]
Stocks closed mixed Tuesday, lead by large cap indexes. Trading volume was light as we continue to chug-along here near highs. Biotechs were back to their winning ways as the Nasdaq Biotech index nears all time highs. Leading stocks generally outperformed, albeit by a smaller margin. CYBR extended it’s earnings related gains, yet VDSI swung wildly after announcing it’s earnings. […]
FarmPolicy.com News Update- Sunday: Policy Issues; Trade; Agricultural Economy; and, BiotechCategories: Agricultural Economy /Budget /Farm Bill /TradePolicy IssuesOn Friday, the House Appropriations Subcommittee on Agriculture held a budget hearing and heard testimony from USDA Inspector General Phyllis Fong.During the hearing, Subcommittee Chairman Robert Aderholt (R., Ala.), Subcommittee ranking member Sam Farr (D., Calif.) and Rep. Chellie Pingree (D., Maine) all […]
The market was looking solid until the ECB headline on Greek debt. Biotech stocks were hit hard to start the day with disappointing earnings set the tone for the NASDAQ early on. The Dow Jones Industrial average erased early losses due to a boost from DIS after the company posted better than expected earnings. Buyers were certainly out in full […]
