Stock Market Right Back Up…Stock-Markets / Stock Markets 2015May 28, 2015 – 06:21 AM GMTBy: Jack_SteimanWhen dealing with the stock market of the past five to six months there is a theme to be understood. Never judge one day’s action as if that’s the new trend to come. We have seen so many big days both to the up side […]
Rendering of the Carnitas’ Snack Shack café that will be built at the Downtown waterfront. Construction is expected to take about six months. Lip-Smacking Carnitas’ Snack ShackFare Coming to the Downtown WaterfrontFor the last few years, North Park residents and others have been smacking their lips over the food offered at Carnitas’ Snack Shack, a modest walk-up restaurant on University Avenue that […]
Benchmarks ended mixed yesterday after Fed minutes showed officials looked past a June rate hike amid slow economic growth. While the S&P 500 and Dow ended in negative territory, Nasdaq ended in the green boosted by gains in biotech stocks. These three benchmarks had briefly touched their respective closing highs before settling lower.For a look at the issues currently facing […]
In this challenging market, investors seem to be looking over their shoulders constantly for fear they will either be buying a top or missing the next rotation.But while it’s tempting to think that you need to be making big moves right now, churning your portfolio can result in much more pain than gain. So don’t rack up trading fees chasing […]
Markets ended the last trading session of the week in the green boosted by upbeat nonfarm payroll data. The benchmarks gained more than 1% on Friday, with the Dow registering its largest one-day percentage gain in more than three months. Friday’s encouraging jobs report also helped the benchmarks finish mostly in positive territory for the week.For a look at the […]
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Are leveraged ETFs making biotech stocks sick? – CNBC.com
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APActors Robert Downey Jr. and Jeremy Renner ring the opening bell Monday at the New York Stock Exchange. By Caroline ValetkevitchNEW YORK – U.S. stocks ended down Monday, led by losses in biotech shares after disappointing news from several companies including Amgen.The Nasdaq Biotech Index sank 4.1 percent, its biggest daily percentage loss since March 25, while the S&P […]
ARE BIOTECH STOCKS IN A BUBBLE?ARE BIOTECH STOCKS IN A BUBBLE?This is a question that is being asked. According to an article by Bloomberg (Biotech Index in Nosebleed Territory – Up 500% In 4-years, Trades At 10X Revenues – Bloomberg Business, March 8, 2015) the 269 Biotech companies that are listed on the NASDAQ are up more than 500% […]
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Goldman: Market way overvalued. 4 stocks to short – CNBC.com
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Benchmarks posted modest gains on Thursday helped by gains in energy shares due to rise in oil prices. The day’s gains were limited as investors remained concerned about first quarter earnings results. A stronger U.S. dollar may negatively impact multinationals’ earnings results while overall weakness in oil prices will weigh on energy shares. Meanwhile, the first quarter earnings season kicked […]
