More Negatives than Positives, but…Posted by Joe Fahmy
on August 9th, 2015
Share on StockTwitsPart of my investment philosophy is to look at the positive and negative signs in the market and adjust my investment levels accordingly. It is important to keep an open mind when doing this. Don’t get too caught up in what “you think the market should be doing.” […]
Related AMGNSocial Media Beat: What The Crowd & Experts Think Of Oil, Biotech & LinkedInStocks Hitting 52-Week HighsAre You Ready For A Pullback BIIB AMGN GILD CELG UTHR JAZZ GOOG FB NFLX APA APC EOG PANW DO RIG(Marketfy Insights)Related CELG5 Biotechs With Catalysts Coming This WeekIs More M&A On The Way For Large-Cap Biotechs?Are You Ready For A Pullback BIIB […]
NEW YORK (Reuters) – Weak earnings dragged stocks lower on Thursday and oil fell on continued oversupply concerns, while Treasuries prices rose ahead of U.S. jobs numbers seen as key to determine the timing of a rate hike from the Federal Reserve.
Wall Street traded lower, weighed by biotech shares and on a second day of sharp declines in media companies […]
NEW YORK Wall Street fell on Thursday as biotech stocks sank and as fears that more viewers are ditching cable TV sent media companies’ shares sharply lower.The Dow Jones industrial average .DJI fell 120.72 points, or 0.69 percent, to 17,419.75, the S&P 500 .SPX lost 16.28 points, or 0.78 percent, to 2,083.56 and the Nasdaq Composite .IXIC dropped 83.50 points, […]
Related GMNHTSA Comes Down Hard On Auto Industry; Fiat Chrysler Gets Slammed3 Developing Stories Auto Investors Are Watching CloselyTrucks Haul GM, Ford Sales Up But EV Leaf Zapped(Investor’s Business Daily)Related FMid-Day Market Update: Friday’s Top 10 Volume StocksMid-Day Market Update: Wednesday’s Top Volume StocksTrucks Haul GM, Ford Sales Up But EV Leaf Zapped(Investor’s Business Daily)After minutes of Greece’s stock market […]
In July, Investors Were Guests at the Market’s “Red Wedding”Bysilveristhenew|PublishedAugust 2, 2015wallstreetexaminer.com / by Michael E. Lewitt / August 2, 2015This is a syndicated repost courtesy of Money Morning. To view original,click here.The simultaneous blood baths in commodities and U.S. stocks continued in July but failed to penetrate the skulls of U.S. stock investors who continue to allow themselves to be brainwashed into […]
By Ben LevisohnIn a note this morning, BofA Merrill Lynch’s Christina Giannini and team note that the risk for big-cap biotech stocks–think Gilead Sciences (GILD) and Biogen (BIIB)–and small-cap biotech stocks–everything else–are quite different. They explain:
Associated Press
Biotech is now more passive than actively managed: Perhaps due to the difficulty picking stocks within such an idiosyncratic sector given the complicated science […]
#MarketUpdate: Is the growing US economy going to lead to a rate hike in 2015?Stocks are mixed today, as the growing US economy appears consistent with comments by the Federal and possibly setting up a 2015 rate hike. Dow -0.02%, S&P -0.1%, Nasdaq +0.2%, R2000 0.1%On the economic front, quarterly GDP showed us that the economy picked up the pace […]
Market Rallies on FED comments but Biotechs are Left Behind
FED Expected to Raise Rates as Labor Market Tightens
The FED stands pat on rates but is on track to raise rates later this year, possibly at the September meeting, as jobs are on track but inflation is still not above 2%. The market began rally at 2P EDT after the FED […]
Stocks rallied today, lead mainly by the large cap names. Trading volume eased, giving some indication the bounce from recent lows may be tiring. Leading names and small caps lagged the market. It’s becoming tough to find quality entry points, as many stocks are rolling over. Curiously, biotechs lost ground today. If this trend continues, which I doubt it will, […]
