Biotech stocks have been in a strong Upward trend for years. Both ETFs Nasdaq (IBB) and S&P (XBI) have been top performers. Recently the S&P (XBI) has rallied on to all time highs. The Nasdaq (IBB) has failed to take out all time highs. The Proshares Nasdaq Biotech ETF (2X) (BIB) is an excellent instrument. Now Direxionshares has recently introduced […]
Benchmarks ended Tuesday’s choppy trading session almost unchanged, with the Dow Jones Transportation Average nearing correction territory. The transportation index took a beating mostly due to a drop in airline stocks. The Nasdaq finished in negative territory dragged down by decline in biotech stocks, but the S&P 500 ended in the green boosted by gains in consumer staples and financial […]
Are U.S. markets soaring to new highs for the right reasons, or are we in a stock market bubble?Two indices just hit record highs: The Nasdaq Composite reached 5,107 on May 27, and the S&P 500 climbed to 2,130.82 on May 21.But Nobel Laureate and Yale professor of economics Robert Shiller told Goldman Sachs on May 29 that while he […]
Stock Trading Alert: Is this A New Downtrend Or Just Another Pullback Within Medium-Term Consolidation?By: Paul Rejczak | Mon, Jun 8, 2015SharePrintEmailStock Trading Alert originally published on June 8, 2015, 6:41 AM:Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 1,980, S&P 500 index)Our intraday outlook is bearish, and our short-term outlook […]
TORONTO – The Toronto Stock Exchange began the week with a triple-digit decline Monday morning.The S&P/TSX composite index was down 167.04 points at 14,790.12.Declines on U.S. markets were less dramatic.The Dow Jones industrial average was down 27.56 points at 17,821.9, the Nasdaq index fell 17.43 points to 5,051.03, and the S&P 500 declined 4.82 points to 2,088.01.The loonie traded at […]
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6/6/2015 Investment House Report
* * * *MARKET ALERTS:Targets hit: None issuedBuy alerts: CYBR; QRVO; ZBBTrailing stops: None issuedStop alerts: None issuedThe market alert service is a premium level service where we issue intraday alerts relating to the general market conditions, when stocks hit action points (buy, stop, target, etc.), and when we see other information impacting the […]
Stock Trading Alert: More Uncertainty Following Last Month’s Move Up – Which Direction Is Next?By: Paul Rejczak | Thu, Jun 4, 2015SharePrintEmailStock Trading Alert originally published on June 4, 2015, 6:02 AM:Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 1,980, S&P 500 index)Our intraday outlook is bearish, and our short-term outlook […]
Novogen Limited Announces Closing of Rights Issue Entitlement Offer and Notice of ShortfallSYDNEY /PRNewswire/ — US-Australian drug discovery and development company, Novogen Limited (ASX:NRT; NASDAQ:NVGN), announced today the non-renounceable pro-rata rights issue entitlement announced on 21 April 2015 (Rights Issue) was completed successfully.The Rights Issue offered up to 58,971,207 new shares at an issue price of $0.30 per share and […]
Related AAPLCan Apple Convince Spotify Users To Pay $10 A Month For Music?Take Advantage Of Weakness In Semiconductors, Citigroup SaysMicrosoft (MSFT) to Release New OS Windows 10 on Jul 29 – Analyst Blog(Zacks)Activist investor Carl Icahn made headlines on Monday by expressing his concern over the stability of the stock market during an interview on FOX Business Network.On the surface, […]
Trading tech: 5 stocks to buy
The “Fast Money” traders give you their 5 trades in the tech sector.
With Apple reportedly set to offer a new bond, an event that’s previously led to stock gains of more than 19 percent, “Fast Money” trader Guy Adami said now is the right time to buy Apple.”The genius of Apple is they make people […]
