View photo.By and large, the short interest moves in the leading biotechs and emerging pharmaceuticals were mild between the February 27 and March 13 settlement dates. However, Celgene Corporation (NASDAQ: CELG), Illumina, Inc. (NASDAQ: ILMN) and Medivation Inc (NASDAQ: MDVN) saw double-digit percentage upswings in their short interest.Here we take a quick look at how these three stocks have fared […]
Stock Trading Alert: Stocks Sold Off And Retraced Last Week’s Advance, Will They Continue Down?By: Paul Rejczak | Thu, Mar 26, 2015SharePrintEmailStock Trading Alert originally published on March 26, 2015, 7:30 AM:Briefly: In our opinion, no speculative positions are justified.Our intraday outlook is now neutral, and our short-term outlook is neutral:Intraday outlook (next 24 hours): neutralShort-term outlook (next 1-2 weeks): […]
NEW YORK (MarketWatch) — U.S. stocks fell on Wednesday, declining for the third straight session, as a selloff in technology and biotech stocks pushed indexes lower.The S&P 500 SPX, -0.88% lost 19.06 points, or 0.9%, to 2,072.44. Technology stocks were hit hard, with the largest company on the index, Apple Inc. dropping more than 1%.The Dow Jones Industrial Average DJIA, […]
NEW YORK (AP) — U.S. stock indexes crept higher in midday trading following a strong performance last week. The gains on Monday were wide but slight: Eight of 10 sectors in the Standard & Poor’s 500 index rose, though not by much.KEEPING SCORE: The S&P 500 edged up three points, or 0.2 percent, to 2,112 as of 11:30 a.m. Eastern […]
Stock Trading Alert: Slightly Negative Expectations Following Last Week’s RallyBy: Paul Rejczak | Mon, Mar 23, 2015SharePrintEmailStock Trading Alert originally published on March 23, 2015, 7:18 AM:Briefly: In our opinion, no speculative positions are justified.Our intraday outlook is now neutral, and our short-term outlook is neutral:Intraday outlook (next 24 hours): neutralShort-term outlook (next 1-2 weeks): neutralMedium-term outlook (next 1-3 months): […]
Stock Trading Alert: Stocks Got Close To All-Time Highs Following Fed’s Decision ReleaseBy: Paul Rejczak | Thu, Mar 19, 2015SharePrintEmailStock Trading Alert originally published on March 19, 2015, 7:32 AM:Briefly: In our opinion, no speculative positions are justified.Our intraday outlook is now neutral, and our short-term outlook is neutral:Intraday outlook (next 24 hours): neutralShort-term outlook (next 1-2 weeks): neutralMedium-term outlook […]
Every month, we review the latest BAML survey of global fund managers. Among the various ways of measuring investor sentiment, this is one of the better ones as the results reflect how managers are allocated in various asset classes. These managers oversee a combined $600b in assets.The data should be viewed mostly from a contrarian perspective; that is, when equities […]
A pause in the dollar rally helped benchmarks start the week on a positive note. The U.S. dollar weakened ahead of the Federal Open Market Committee’s meeting that is scheduled this week. Rally in international markets also boosted investor sentiment. Separately, gains among bio-tech stocks boosted the Nasdaq. Meanwhile, discouraging reports on manufacturing and housing failed to dent investor confidence.For […]
A microbe factory could more than halve a mission’s payload weight.We’ve all had trouble squeezing our luggage down to the allowed weight for a flight. But for a trip to Mars that problem is magnified. The NASA rule-of-thumb is that for every kilogram to be launched into space, you need 99 kilograms of fuel and rocket to get it there. […]
Strengthening U.S. dollar and a slump in oil prices dragged benchmarks lower on Friday. US crude prices dropped to their lowest levels since Jan 28. Meanwhile, declines in producer prices and consumer confidence added to the bearish sentiment. Benchmarks also posted losses for the third straight week, mostly spooked by sooner-than-expected rate hike fears.For a look at the issues currently […]
