biotechs

Are You Ready For A Pullback? BIIB, AMGN, GILD, CELG, UTHR, JAZZ, GOOG, FB, NFLX, APA, APC, EOG, PANW, DO, RIG

Stocks reversed the morning gains today and ended lower. The Dow was down 120.72 points (-0.69%); Nasdaq fell 83.5 points (-1.62%); SPX dropped 16.28 points (-0.78%).In this week’s Market Forecast, we discussed the possibility of leading sectors (biotech, internet, software, financial) finally falling back and pulling the broader market down.I have been saying for a while now that the broader […]

FED Rallies Market But Biotech Stocks Are Lagging

Market Rallies on FED comments but Biotechs are Left Behind
FED Expected to Raise Rates as Labor Market Tightens
The FED stands pat on rates but is on track to raise rates later this year, possibly at the September meeting, as jobs are on track but inflation is still not above 2%. The market began rally at 2P EDT after the FED […]

Janet Yellen Was Half Right

Just over a year ago, Janet Yellen did the unthinkable. In a moment of clarity, The Fed called out two darlings of the momentum-chasing euphoria-driven stock buying frenzy for ‘special’ treatment when Yellen uttered the Cramer-mind-blowing fact that “small cap social media and biotech stock valuations were substantially stretched.” It appears, judging by today’s market, that she was half rightThe […]

Stocks Turmoil To End Q2 With Worst Run Since Lehman

Overheard at The PBOC, The SNB, The ECB, and The Fed…Before we start, it is worth noting that this is the first consecutive quarterly loss for Trannies since Lehman…S&P 2067.89 was all that mattered today – for the biggest US equity market to avoid its first quarterly loss since Q4 2012… It Failed!!Q2 ends with crude the big winner, bonds […]

I Agree that Yellen Really Does not need to talk about Stock Valuations

I have to agree with this article.
At a recent International Monetary Fund event in Washington, D.C., Federal Reserve Chair Janet Yellen opined about the “potential dangers” posed by “quite high” stock market valuations. This was not her first market prognostication. In July 2014 she singled out biotech and social-media stocks as having “substantially stretched” valuations. Such comments are ill considered […]

Gold & Silver Surge As Schizophrenic Stocks Slump-And-Pump

As the world hopes for “no comment” from The Fed tomorrow, anxiety in markets remains very evident… This about sums it up!Stocks continued yesterday’s weakness overnight… ramped obdeiently into the open in NY… then plunged on bad data and Iran Ship Seizure headlines before v-shape-recovering thanks to someone’s generosity in selling massive amounts of protection (VIX) just as you would […]

Biotech Stocks Projected to Rise Up to 100% Include Intercept …

Biotech has been one hot sector again in 2015. Two key biotech exchange traded funds are up 20% or so on average year-to-date. 247 Wall St. could not help but notice four analyst calls this past week in which upside of 50% to 100% was predicted for four biotech and specialty pharma stocks.Before just chasing these higher, investors should understand […]

4 Biotech and Pharma Stocks Projected to Rise 50 … – 24/7 Wall St.

Biotech has been one hot sector again in 2015. Two key biotech exchange traded funds are up 20% or so on average year-to-date. 247 Wall St. could not help but notice four analyst calls this past week in which upside of 50% to 100% was predicted for four biotech and specialty pharma stocks.Before just chasing these higher, investors should understand […]

Dollar-Dump, Biotech-Bruising And Rail-Rout, Ruins Record Run In Stocks

If you bought Trannies ahead of The FOMC, then you get nothing. The S&P 500 has now alternated down and up for last 9 days. It’s been quite a ride post-FOMC…
On the day, Trannies got trounced by Railroad warnings and Biotechs buggered by Gilead…
Sectors all rolled over hard into today’s close…
Today’s market traded in a very narrow range and on […]

Dollar-Dump, Biotech-Bruising , & Rail-Rout, Ruins Record Run In Stocks

If you bought Trannies ahead of The FOMC, then…Otherwise… given the volume traded today…The S&P 500 has now alternated down and up for last 9 daysIt’s been quite a ride… post-FOMCOn the day, Trannies got trounced by Railroad warnings…and Biotechs buggered by GileadSectors all rolled over hard into today’s close…Today’s market traded in a very narrow range and on extremely […]