The stock has even more upside from where it was trading Friday, around $475 per share, Yaron Werber, senior biotech analyst at Citi Investment Research, told “Power Lunch.” As the Alzheimer’s drug likely will not reach the market for years, it is important to Biogen’s long-term prospects, he said.When looking at valuations, investors need to consider that low interest rates […]
View photo.(Bloomberg)The iShares Nasdaq Biotechnology ETF over 12 monthsStocks sold off on Thursday after a post-Fed rally on Wednesday.
But the Nasdaq still gained ground thanks to the biotech sector which gained about 2% on Thursday. In fact, biotech stocks have been on fire all year. They’re up about 15% year-to-date.Last month, Max Nisen at Quartz wrote that while everyone is focusing […]
iOS: If you want to buy or sell stock, you usually have to pay a fee. At $7-$10 per transaction, they can add up. Robinhood eliminates these fees, offering free stock trading that’s incredibly simple.Generally, we’re fans of “set and forget” investing with funds, rather than individual stock investing. Right now, Robinhood lets you trade individual stocks and exchange-traded funds […]
iOS: If you want to buy or sell stock, you usually have to pay a fee. At $7-$10 per transaction, they can add up. Robinhood eliminates these fees, offering free stock trading that’s incredibly simple.Generally, we’re fans of “set and forget” investing with funds, rather than individual stock investing. Right now, Robinhood lets you trade individual stocks and exchange-traded funds […]
GRAND BLANC, Mich. (MarketWatch) — Much has been made of the Nasdaq Composite Index’s recent surge to the 5,000-point level, a milestone not achieved since the height of the so-called “dot-com” bubble in March 2000. At the time, venerable software titan Microsoft was the most valuable company in the composite, but its status as number one was briefly surpassed in […]
Most investors would like to emulate investing styles of stock market gurus like Warren Buffett, Ben Graham, Cark Icahn or David Einhorn. And it’s not easy!Fortunately, there are a few ETFs available to investors that they can use to invest like stock market gurus. These ETFs either try to clone gurus’ stock investments or imitate their investing styles. We’ll discuss […]
Screenshot via Bloomberg TVLiz Ann SondersFA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.Stocks are rallying despite the drop in earnings expectations (Charles Schwab)Charles Schwab Chief Investment Strategist Liz Ann Sonders notes, “History shows that market valuation doesn’t necessarily matter…until it does.” S&P 500 forward earnings-per-share growth has turned negative […]
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As you’ve probably read, the Winklevoss twins have been trying to get a publicly-traded Bitcoin fund on the market for some time now. Theirs is to be COIN, but in a turn of events, the Bitcoin Investment Trust has beat them to the punchline and will soon be listed as BTCV, according to the Wall Street Journal.
The Bitcoin Investment […]
The beginning of this year has been characterized by very large, volatile moves in the stock market. This week was different in that stocks moved very little until Friday. The news flow was no different than before – some headlines out of Europe and our Fed – so the lack of volatility was unusual, though refreshing.We’ll start with Europe, where […]
Jim Greco sat in front of his computer at Jeffries Investment Bank headquarters in New York and thought about the futility of his bond trading job. He was about to pull up a file on his PC and then make a physical phone call to another institution to place an order for a bond transaction. Something needed to be done.Unlike the stock […]
