Pedro Castellano | Getty ImagesInvestors are bailing on biotech stocks at such a rapid pace that it is shocking even some of the most-seasoned traders. It’s a popping bubble that could have implications on the sustainability of this six-year bull market.Consider this, the most popular ETF in the sector—the Nasdaq Biotechnology iShares (IBB)—hit an all-time intraday high Friday of $374.62. […]
In 1792, 24 stockbrokers and merchants signed the Buttonwood agreement on Wall Street, agreeing to trade on a commission basis. But the very first scrip (acknowledgment of debt) exchanged hands on Wall Street in 1674, according to Phil Mackintosh, the head of trading Credit Suisse. The stock market has come a long way from the early days. “Many of the […]
Editor’s Note: The following is a guest column by J.C. Parets, Founder & President at Eagle Bay Capital.Uranium is an area that investors have mostly stayed away from over the last few years. The media doesn’t like talking about it either. How many articles or T.V. spots do you see regarding the uranium trade these days? This is very different […]
