MEDIA AND BIOTECH STOCKS GET CRUSHED … – Business Insider

First, the scoreboard:Dow: 17,419.75, -120.72, (-0.69%)
S&P 500: 2,083.56, -16.28, (-0.78%)
Nasdaq: 5,056.44, -83.50, (-1.62%)
And now, the top stories on Thursday:Media stocks plunged. Viacom shares dived more than 21% after the company reported lower-than-expected ad revenues from its cable business. The stocks were shaken up by concerns about the cable industry amid the rise of pay TV. Comcast, Time Warner, and 21st Century Fox also declined […]

Financier looks to parlay a $5M Alzheimer’s deal into instant $172.5M IPO

Vivek Ramaswamy
Just before Christmas last year, a newly formed Bermuda-based biotech run by former hedge fund partner Vivek Ramaswamy struck a deal to in-license a shelved Alzheimer’s drug from GlaxoSmithKline ($GSK) with plans to put it into Phase III. That late-stage study won’t start until the fourth quarter, but the newborn biotech isn’t waiting around at the starting line. The […]

Stocks close up, turning green for the year; Jobs eyed – CNBC.com

“We have a habit of looking at crude as a barometer for global economic growth,” said Art Hogan, chief market strategist at Wunderlich Securities. Regressive analysis by his firm showed that for the last 25 years the S&P 500 has only had a 0.03 correlation with crude. That correlation has jumped to 0.7 since crude began its plunge last June.Among […]

STTG Market Recap Jan 23, 2015 – Stock Trading To Go

Friday was a generally quiet session until the closing 90 minutes when sellers came in; the S&P 500 fell 0.55% while the NASDAQ gained 0.16%.  A pretty significant warning by shipper UPS might be something to watch for an economic perspective – this is a company that moves a lot of goods around the country.  Maybe it was just specific […]

Best Performing Biotech Stocks of 2014 Include Agios … – 24/7 Wall St.

The bull market is nearing six years old. It turns out that the biotech sector again managed a huge outperforming year in 2014 as well. The gains of the key biotech exchange traded funds (ETFs) were up in the 40% range, with the NYSE Arca Biotech index up over 45% year-to-date. The equal-weight biotech ETF performed better than the key larger […]

Best Performing Biotech Stocks of 2014 Include Agios …

The bull market is nearing six years old. It turns out that the biotech sector again managed a huge outperforming year in 2014 as well. The gains of the key biotech exchange traded funds (ETFs) were up in the 40% range, with the NYSE Arca Biotech index up over 45% year-to-date. The equal-weight biotech ETF performed better than the key larger […]

Stock Market News for December 26, 2014 – Zacks Investment …

Markets ended modestly higher on Wednesday’s abbreviated trading session banking on initial claims dropping to a seven-week low and gains in biotechs. The Dow hit a record high for the 37th session and Nasdaq also ended in the green. However, the S&P 500 erased its initial gains and a late selloff dragged the benchmark into the red.For a look at […]

Stocks Pause on Christmas Eve…GPRO Soars…Biotechs Finds Support, Bounce…Merry Christmas

Three of nine sectors moved higher on Wednesday…XLU, XLV and XLI were the strongest sectors and XLE was the weakest.Breadth was mixed as decliners led advancers 1.06 to 1 onthe NYSE and advancers led decliners 1.42 to 1 on the NASDAQ.Wednesday – mixed, mixedTuesday – mixed, advancers ledMonday – strengthened, advancers ledFriday – weakened, advancers ledThursday – weakened slightly, advancers […]

Wall St. inches up in short session, indexes at records

Wall St. inches up in short session, indexes at recordsBy Ryan VlastelicaNEW YORK Wed Dec 24, 2014 11:41am EST

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The exterior of the New York Stock Exchange is pictured with a Christmas tree in front of it in the Manhattan Borough of New York, December 23, 2014. U.S. stocks advanced on Tuesday, as the Dow climbed above the 18,000 mark […]

Stocks and Oil Fall Together

MARKET SUMMARY- Stocks and oil fall together. Weaker world economy? Increased supply? Does it matter?- Yearend rally is off the rails, but leaders continue holding the line, holding out the chance for a little Christmas magic.- IEA cuts its oil forecast as well.- Michigan Sentiment surges as citizens accept lower growth, lower standards of living as the new normal.- Looking […]