Sam Ro
Apr. 6, 2015, 6:51 AM
2,446
FinVizThe US stock markets will reopen Monday after enjoying a three-day weekend. However, US futures suggest it could be a rough trading session.Currently, Dow futures are down by around 135 points or 0.7%On Friday after a disappointing US jobs report, futures tanked with Dow, S&P and Nasdaq futures all falling by more than 0.9%. That […]
The “Good Friday” Jobs Report may be one of the most anticlimactic in memory as the sharp slowdown in the jobs growth rate ran smack into a market closed for the holiday weekend and while it truly was a good Friday for anyone still long the PowerShares DB US Dollar Index Bullish Fund (UUP), what sort of situation will investors […]
Stock Market Friday Payroll SurpriseStock-Markets / Stock Markets 2015Apr 04, 2015 – 03:09 AM GMTBy: Tony_CaldaroThe market opened the week at SPX 2061 after last week’s sharp decline from near record levels. After a rally to SPX 2089 on Monday the market nearly retested last week’s low at 2046, then bounced to end the holiday shortened week at 2067. For […]
What happens tomorrow after jobs?
Paul Richards, head of FX & credit distribution at UBS, looks ahead to Friday’s jobs data. Michael Block, Rhino Trading Partners, chief strategist, weighs in.
U.S. stocks could continue their overall decline on Monday, no matter how good the March job report is.Markets are closed on Good Friday, and the Monday afterwards is historically the S&P 500’s […]
Wall Street maintains its historic and decidedly un-PC traditions this week with shortened trading hours on Good Friday. Here are the details.On Friday night, the Matins of Holy and Great Saturday, a unique service known as The Lamentation at the Tomb (Epitáphios Thrēnos) is celebrated. (Photo via Wikipedia, of Greek Orthodox ceremony)CLEVELAND, March 31, 2015 − It’s been refreshing up here in […]
Benchmarks ended the last trading session of the week on a positive note after Fed Chair Janet Yellen said there was a possibility of a gradual hike in interest rates sometime this year. The Nasdaq was boosted by a possible deal between Intel and Altera. Gains in bio-tech stocks also helped the Nasdaq end in positive territory. However, benchmarks reported […]
Akin Oyedele
Mar. 27, 2015, 8:54 AM
542
Wikimedia CommonsCredit Suisse analysts say biotechs are not in a bubble.Still, in a note Friday, the firm presents evidence for the industry being in in a bubble, and other evidence that it definitely isn’t.The signs that there’s a bubble, they wrote, are that the NYSE Biotech Index has gained 204% versus 64% for the S&P 500 since […]
Surveying the Fed’s handiwork during last week’s press conference, Janet Yellen noted that all was awesome except that stocks were now slightly “on the high side” of their historical range. You can say that again! In fact, you can say that any one capable of uttering such tommyrot has been totally bamboozled by Wall Street’s sell-side con artists. Yes, the […]
Pedro Castellano | Getty ImagesInvestors are bailing on biotech stocks at such a rapid pace that it is shocking even some of the most-seasoned traders. It’s a popping bubble that could have implications on the sustainability of this six-year bull market.Consider this, the most popular ETF in the sector—the Nasdaq Biotechnology iShares (IBB)—hit an all-time intraday high Friday of $374.62. […]
Biotech stocks have been on fire in 2015. In the Biotech & Pharmaceuticals sector of the Russell 2000 Growth Index, there are over sixty stocks up by more than 30% this year. More than thirty stocks are up greater than 50% while six have more than doubled.The iShares Biotechnology ETF (IBB) is already up more than 20% less than 3 […]
