greek

Several Biotech Stocks Indicating A Macro Short Strategy | Seeking …

SummaryOvaScience, Sarpeta Therapeutics, Ziopharm Oncology and Keryx Biopharmaceuticals all have a short interest above 20%.
These small cap biotech companies provide attractive characteristics for fundamental weakness through liquidity needs, no revenue and a higher fail rate.
Given these common variables, there is strong indication that a large Marco short strategy has been put in place.
This large short position provides opportunities for contrarian […]

A Sector Immune to Greece

“By declaring Greece in arrears, the IMF avoided using the term ‘default,’” says this morning’s New York Times.If you read yesterday’s 5 Minute Forecast, you already knew that’s what would happen. The Greek government missed a $1.7 billion payment to the International Monetary Fund. But don’t call it a default.The U.S. finance industry played this game a few years ago. […]

Stocks Turmoil To End Q2 With Worst Run Since Lehman

Overheard at The PBOC, The SNB, The ECB, and The Fed…Before we start, it is worth noting that this is the first consecutive quarterly loss for Trannies since Lehman…S&P 2067.89 was all that mattered today – for the biggest US equity market to avoid its first quarterly loss since Q4 2012… It Failed!!Q2 ends with crude the big winner, bonds […]

5 Biotech Stocks On Deck With The FDA – Benzinga

Some traders like to gamble on big news events that could have a dramatic effect on a particular stock. For example, the release of a company’s earnings report could cause an underlying stock to jump to new highs or drop to significant lows. While this may not interest all investors, it does prove to be a point of intrigue for […]

Why the Stock Market Is Down Today – DJIA Falls 350 Points

For June 29, 2015, here’s a look at why the stock market is down today a whopping 350 points – the biggest fall since June 2013.DJIA, S&P 500, Nasdaq Closing Numbers:Dow Jones: 17,596.35; -350.33; -1.95%S&P 500: 2,057.64; -43.85; -2.09%Nasdaq: 4,958.47; -122.04; -2.40%The DJIA today cratered 350 points as traders sold on fears that Greece may default on its debts.The nation […]

Greek stocks are crashing and the Greek stock market isn't even open

Jonathan Garber

Jun. 29, 2015, 7:17 AM
848
Greece’s Athens Stock Exchange General Index is closed until at least July 6 as markets await the outcome of Greece’s referendum, but that has not stopped Greek stocks from crashing.The Global X FTSE Greece 20 ETF (GREK) is lower by 15% in pre-market trading on Monday. The early selling has GREK trading below the $10 level for […]

European stock markets plunge on Grexit fears – Business Insider

© AFP/File Daniel RolandShortly after the start of trading, Frankfurt’s DAX 30 was showing a loss of 4.26 percent to 11,003.17 pointsLondon (United Kingdom) (AFP) – European stocks dived in early trading Monday as investors fear Greece could be heading for a eurozone exit, with a number of indices shedding more than four percent.The European single currency earlier dropped below […]

Bank Holiday: Greek Banks and Stock Market Shut Until July 7

After the ECB shut off ELA, prime minister Alexis Tsipras imposed capital controls while blaming the ECB just as I predicted.Of course, that was an easy prediction. Yet, even at the last moment, many did not believe it would come to this.Let’s tune into the Guardian Live Blog for some details.Bank HolidaySpeaking on live TV, Alexis Tsipras is saying that […]

Kathimerini reports Greek stock market will be closed for a week …

Myles Udland

Jun. 28, 2015, 4:49 PM
748
REUTERS/Yannis BehrakisInside the Athens stock exchange building.It looks like Greece’s stock market is going to be closed for a week. According to a report from the English version of Greek newspaper Kathimerini, the Athens Stock Exchange is going to be closed for a week. Kathimerini reports that, “The Capital Market Commission is expected to announce in the […]

ATHEX: Stock market to close for at least a week | Business …

The Capital Market Commission is expected to announce in the early hours of Monday the closure of the Greek stock exchange for at least a week, as financial activity in the country grinds to a halt.Following Sunday’s decision by the Systemic Stability Council (which includes the head of the Capital Market Commission) in favor of the week-long closure of the […]