Biotech Breakdown: Seeking Relief Today

At Close: IBB down 2.35% to 342 at May bottom, XBI up 0.64% to 218
Two Hours to Go 2:15p EDT, NASDAQ Down 1.79% at 4792, IBB at $349
Biotech Breakdown: Relief Today Or Another Head Fake?
Biotech stocks are trying to hold the May lows with the IBB at $342 but now at $349. There is bit of buying today and most biotechnology […]

Central Banks Moving 'Herd-Like' Into Stock Market | Seeking Alpha

By Cris SheridanOver the last several years, two powerful forces have helped to drive the stock market far higher than many have expected. The first, as we all know, has been very loose monetary policy through a combination of low rates and continuous rounds of QE by the Federal Reserve.The second has been the record amount of stocks bought by […]