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 […]
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4/18/2015 Investment House Report
* * * *MARKET ALERTS:Targets hit: None issuedBuy alerts: None issuedTrailing stops: QIWI; WWWWStop alerts: AMZN; BSFTThe market alert service is a premium level service where we issue intraday alerts relating to the general market conditions, when stocks hit action points (buy, stop, target, etc.), and when we see other information impacting the market […]
NEW YORK (AP) — Fear that Greece could default on its debt and abandon the euro rattled global financial markets Friday.News that negotiations between Greece and its international lenders are making little progress sent European stock markets down sharply, and the selling spread across the Atlantic. By the close of U.S. trading, stocks across industries were lower, with four of […]
The local stock market promptly plunged 20 percent over the following few weeks, kicking off a phenomenon called the “Adam Cheng effect” or “Ting Hai effect.”In the two decades since, nearly every time the 68-year-old Cheng has appeared in a movie or television show—which has been more than 30 times—the Hang Seng declined.Most recently in 2013, the index fell nearly […]
Benchmarks ended in the green on Friday after General Electric’s announcement of a restructuring and buyback plan boosted investor sentiment. Friday’s gains also helped benchmarks settle in positive territory for the second straight week.For a look at the issues currently facing the markets, make sure to read today’s Ahead of Wall Street articleThe Dow Jones Industrial Average (DJI) gained almost […]
Stock Trading Alert: Stocks Extended Short-Term Uptrend – New All-Time Highs Ahead?By: Paul Rejczak | Mon, Apr 13, 2015SharePrintEmailStock Trading Alert originally published on April 13, 2015, 6:25 AM:Briefly: In our opinion, no speculative positions are justified.Our intraday outlook is 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 […]
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4/11/2015 Investment House Report
* * * *MARKET ALERTS:Targets hit: None issuedBuy alerts: CLDX; FORMTrailing stops: None issuedStop alerts: None issuedThe market alert service is a premium level service where we issue intraday alerts relating to the general market conditions, when stocks hit action points (buy, stop, target, etc.), and when we see other information impacting the market […]
Read MoreGE unveils massive financial unit restructuring”The rumor had been out there,” said Dan Nathan, a CNBC contributor, who first wrote about the activity on RiskReversal.com. “GE is not a name we usually see short-term speculation in the options market.”Most curious about those purchases is that those April calls expire next Friday, giving whoever bought them precious little time for […]
REUTERS/Bobby Yip Ding Biyan, Chairman and Executive Director of Huisheng International Holdings Ltd, a regional pork producer in China’s southern Hunan province, poses beside a gong during the debut of the company at the Hong Kong Stock Exchange February 28, 2014.Hong Kong stocks are having a pretty amazing run right now.The Hang Seng climbed another 0.84% on Friday, capping off […]
Benchmarks ended the holiday-shortened week on a positive note following encouraging initial claims report. Jobless claims declined to a nine-week low last month. Upbeat report on jobless claims raised hopes among investors for a positive nonfarm payrolls report that was to be released on Friday. Markets were closed on Friday for Good Friday holiday.For a look at the issues currently […]
