Biotech Sector Moves Up In Tiny Steps
Risk Remains On
AACR Next Week Will Move Cancer Stocks
Biotech indices and ETFs are trying to hit new highs but momentum is easing and trading is choppy. Nonetheless we are moving up from the brief correction near channel lows at the end of Q1. Sentiment remains strong.
Here is a review of the Five Trends we […]
NEW YORK (AP) — The place where you can buy handmade dresses and crocheted dog costumes has a new hot seller: its own stock.Shares of arts and crafts retailer Etsy surged in opening trading on the Nasdaq Thursday. After pricing at $16 late Wednesday the stock opened at nearly double that, and hit a high of $35.73 in morning trading. […]
Wikimedia CommonsSee AlsoAviation tracking service: Germanwings co-pilot set autopilot to the lowest possible settingFed market gurus prep rate hike amid last-minute anxietiesWe just found out who the third American was on the crashed Germanwings flightNEW YORK (Reuters) – A 4 percent decline in biotechnology stocks on Wednesday sent the Nasdaq Composite Index to its largest one-day loss in nearly a […]
Benchmarks settled in the green as investors continued to be encouraged by efforts from China and Europe to boost their economies. Retail stocks surged as investors believe lower gasoline prices will boost retail sales this holiday season. The S&P 500 and the Dow yet again closed at record highs. Separately, a rally among bio-tech stocks and tech-giant Apple boosted the […]
I generally do not get too surprised, but this year has been the exception. I have been surprised by the stunning drop in the yield on the 10-year Treasury note, which has fallen from roughly 3% at year’s end to a low of 2.4% last week. I have been surprised, given my call to avoid utility stocks, that […]
Systemic Fear Not As High As It Once WasWhy was the stock market able to break out from the 13-year consolidation pattern we covered last Friday? The bigger picture answer may lie in the answers to these five sub-questions:Does economic data support an imminent recession?
Is Europe on the brink of a currency crisis?
Are the technicals screaming be careful?
Is the Fed […]
What does trading the markets have to do with turkey? This story isn’t about advice for trading agriculture; it’s about how Trading Concepts Inc., one of the oldest and most respected trading companies gives thanks by giving back.“I am extremely grateful for these past 19 years of Trading Concepts’ success,” said Trading Concepts Founder and CEO Todd Mitchell. He is […]
