The medicine man, for the win.My current biotech holdings consist of NDRM, GILD, AMGN (big pharma), JAZZ, ICPT, SGEN and I own a few hospital names like LPNT and HCA. I am a man of many hats. But I will tell you, this sector isn’t done going higher.Just the other day, this industry was down in the dirt, Hybrid score […]
Yes biotech has outperformed the S&P for years now, and yes some stocks in the group may be stretched. I also respect the market enough not to wax Pollyannish here. There will speed bumps along the way, but this powerful trend is up and it shows no signs of slowing down.Could $IBB pullback to to 280-290 and still end the […]
View gallery.After last week’s hammering of biotech stocks, many have not been able to recover to hit new highs with the overall market.Previous high flyers such as Agios Pharmaceuticals Inc (NASDAQ: AGIO) and Receptos Inc (NASDAQ: RCPT) have bounced, but still lag the Nasdaq.Others, such as Bluebird Bio Inc (NASDAQ: BLUE) have actually managed to eek out new highs.Unfortunately, there are the […]
View gallery.This week brings to close yet another year of gains for the stock market, the sixth straight year in this bull run.The benchmark S&P 500 started off 2014 at 1848 and as of Friday the index sat at 2088.Some of the top industries of the year include airlines, semiconductors, hospitals, aluminum, Internet service providers and residential REITs.Another industry cracking this […]
Biotech Stocks Sell-Off After Hitting New Highs Monday
NASDAQ at 4735 off 0.67%
Healthcare and life science stocks have been a safe haven from recent market headwinds but today risk is off across the board. Crude is down over 5% to $61 and this has raised concerns about global growth affecting other asset classes like financials and industrials.The Dow and S&P are […]
Prediction: First billion dollar Big Data company will be a practitioner | #HPBigData2014 Rose Meadows | August 21stREAD MOREWith increasing attention on the business side of tech innovation, the world seems to be awaiting the rise of the first billion-dollar Big Data company. A recent $50 million dollar investment from Hewlett-Packard (HP) put Hortonworks a step forward in its goal […]
MomentumOptionsTrading.com Pre-Market Update for 8/12/2014Bulls Get Monday Win/ VIX Back Below 15/ Profit Alert!9:00 a.m. (EST)The bulls won their third-straight Monday session and cleared resistance, for the most part, following a continued rally off of last Thursday’s lows. Check one.Check two came on lowered volatility, as geopolitical tensions eased and the VIX deflated. And, check three? Well, that came after […]
MomentumOptionsTrading.com Morning Update for 8/8/2014Bears Pushing Next Waves of Support9:00 a.m. (EST) The warnings signs that lower lows were in store continued to come on Thursday, and the bears used the final hour of trading to confirm them. The bulls made an opening run at resistance but went into defensive mode an hour later and ran for the hills into the […]
Read MoreGoldman: ‘Dramatic divergence’ coming in marketLate in the spring, fund managers David Einhorn and Dan Loeb argued that some business sectors were experiencing bubble-like valuations and were bound to pop; more recently, in a late-July investor letter, money managers at the $25 billion hedge fund Elliott Management called the U.S. stock market “frothy.””Financial asset prices are artificial, the equilibrium […]
Over the summer, I’ve given many lectures about SMAC – social media, mobile, analytics and cloud computing.The most popular analytics topics are business intelligence, big data, and novel data visualizations.Recently, Dr. Chris Longhurst, chief medical information officer at Lucile Packard Children’s Hospital, and colleagues wrote an article in the Big Data Issue of Health Affairs, that suggests a very practical […]
