Hey, I see you sitting there at your computer like a wimp, with your pumpkin spice latte and lilac crème crepe. Put ‘em away.It’s time to get to work…Today you’re hopping on a good ole fashioned steamroller for an honest day’s pay. Your job is to turn every underperforming industry and market sector into pancakes…So grab your lunch pail, put […]
OK, listen up – it’s time to “buy the dip.”I’m talking about the biotech dip that just happened. Here’s the deal:A leading biotech company just issued some news that spooked some jittery investors. The stock took a dive, taking the entire sector down a peg or two.But this is just a temporary blip, and it’s handing you a golden chance […]
OK, listen up – it’s time to “buy the dip.”I’m talking about the biotech dip that just happened. Here’s the deal:A leading biotech company just issued some news that spooked some jittery investors. The stock took a dive, taking the entire sector down a peg or two.But this is just a temporary blip, and it’s handing you a golden chance […]
Some well-known biotechnology exchange traded funds could be stirred by Gilead Sciences (GILD) fourth-quarter earnings report released Tuesday after the close of U.S. markets.The California-based company posted net income of $3.49 billion, or $2.18 a share, compared with $791 million, or 47 cents a share, a year earlier as revenue more than doubled to $7.31 billion from $3.12 billion on […]
Biotech companies are restoring sight to the blind, curing hepatitis C and fighting off HIV.As they save lives, biotech companies are simultaneously making a lot of money for investors.That’s why the hottest ETFs (exchange-traded funds) on the planet since the bull market began in March 2009 invest in biotech companies.The First Trust NYSE Arca Biotech ETF (FBT) has skyrocketed more […]
Yes biotech has outperformed the S&P for years now, and yes some stocks in the group may be stretched. I also respect the market enough not to wax Pollyannish here. There will speed bumps along the way, but this powerful trend is up and it shows no signs of slowing down.Could $IBB pullback to to 280-290 and still end the […]
4 Tips for Trading Biotech StocksPosted by Joe Fahmy
on January 12th, 2015
Share on StockTwitsThe Biotech sector has been a leading group for years now. I get many questions on how to trade these stocks, so here are a few tips:1) DO NOT trade anything you are not comfortable with. There is nothing worse than being nervous in a position. Why? […]
Market Thoughts$SPY $QQQ – Still long the market but did book a few gains. Looking to buy back any weakness. ; I’m bullish on 2015. ; Yes, there will be pullbacks and scary parts along the way.
As kids we get Christmas vacation. ; Why does that end as adults? ; Not fair – ; so I took it back! ; […]
View photo.The biotech stocks are hitting fresh new highs to start the week after the announcement of yet another multi-billion dollar deal. Pharmaceutical giant Merck & Co., Inc. (NYSE: MRK) has agreed to purchase advanced antibiotic pharmaceutical company Cubist Pharmaceuticals Inc (NASDAQ: CBST) for $9.5 billion.The deal breaks down to Merck paying about $102 a share, a 37-percent premium from […]
It was an impressive turnaround on Tuesday for the stock market as, after Monday’s drop, the short-term momentum appeared to be turning negative. Of course, to keep the positive “Mo” going, we need to see further gains Wednesday. A drop back below Monday’s lows will turn the focus back on the downside.The S&P futures are flat in early trading and […]
