Benchmarks finished mostly lower on Wednesday after the ECB refused to accept Greek bonds as collateral for central bank loans. Meanwhile, oil prices snapped a four-session winning streak and settled in the red, hurting energy shares. The S&P 500 and the Nasdaq snapped their two day rally. However, the Dow was able to end in positive territory banking on Walt […]
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 […]
Wednesday’s sessions was volatile marked by a sharp spike down in the closing moments of the day as news broke that the European Central Bank revoked a waiver that allowed banks to use Greek government debt as collateral for loans. The decision will force Greek lenders, who since 2010 had been able to access funds from the ECB against junk-rated […]
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 […]
NEW YORK (MarketWatch) — The U.S. stocks were under pressure on Wednesday as crude-oil prices gave up part of the gains racked up over a four-day trading span, while a report on private-sector hiring disappointed.Private employers added 213,000 jobs in January, according Automatic Data Processing Inc. Economists use the number to get a feel for the official jobs report due […]
VIDEO UPDATE: Market analysis looking at long term charts, movers on the day, and analysis of 50 stocks with setups and buy points.It was another good day for the indexes and oil as they moved in concert. The S&P 500 gained 1.44% and the NASDAQ 1.09%. Factory orders for December posted a greater-than-expected decline of 3.4%. Analysts expected a decline […]
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 […]
NYSE Suspends RadioShack Trading, Who Will Buy Its Locations?By Douglas A. McIntyre February 3, 2015 5:08 am ESTPrintEmail As bond holders and investment bankers pick over the bones of RadioShack, the company has received one last insult. The decades-old retailer, once on the foundations of consumer electronics retail, had trading of its stock suspended by the New York Stock Exchange. […]
View gallery.This article is written by Christian Tharp, the author of 5 Star Trading.The S&P 500 hit its last all-time high back at the end of 2014, and has chopped lower since.The Nasdaq has fared a bit better over that stretch, but the index still has yet to hit a new bull market high since the end of December.Through this period […]
