btig

ETF Investing: There may be more pain ahead for biotech stocks

NEW YORK (MarketWatch)—Many market watchers warned Monday about biotech stocks, and the big beatdown came Wednesday.Should you buy biotech on the dip? Some market watchers suggest holding off.Within the largest biotech ETF, less than half of the stocks are trading above their 50-day average, down from more than 80% in the past week, said Sundial Capital Research in a note […]

March 26, 2015 arguments, btig, capital, etf, greenhaus, sector, sundial, wednesday Comments Off read more

Here's The Weird Thing About The Tumbling Stock Market …

ZeroOne on FlickrThe market has been shaky for awhile now, but today it just got real.
The NASDAQ crashed 3%. The S&P fell about 2%. The Dow dropped over 260 points.So here’s the weird thing. There’s really no “story” associated with this selloff, which is a point noted by Jesse Livermore on Twitter.Now let’s be clear, usually stories that explain market […]

April 11, 2014 ByJoe Weisenthal btig, china, david-zervos, greenhaus, jesse, jesse-livermore, livermore, story, twitter Comments Off read more