After a 26% jump, walk away from this stock: Traders –

How to trade a skyrocketing stock
How do you trade jumping shares of Williams now? Todd Gordon discusses with Brian Sullivan.
Shares of Williams Cos. soared 26 percent on news that the energy company rejected a $64 per share takeover offer from Energy Transfer Equity.In a statement, Williams said the proposal “significantly undervalues Williams.”Williams further announced that it has retained Barclays and […]

'Stay away' from the Chinese stock market: Trader –

Trading Nation: Bull & bear on Chinese stocks
David Seaburg, Cowen & Co., and Todd Gordon,, give perspective to investing in Chinese stocks.
China’s stock market is red-hot.After dropping 6.5 percent last Thursday, the Shanghai composite has bounced back to a fresh multiyear high. But as the index is already up more than 50 percent year to date, one market participant […]

This is your big chance to buy biotech, traders say

In fact, biotech stocks have been so strong that “you could see these stocks off another 10 percent from here, and still be in an uptrend,” Johnson said. “We’d be buying these names on the pullback.”The fundamentals also remain supportive of biotech, says David Seaburg, head of equity sales trading with Cowen & Co.”From a valuation perspective, this is not […]

Why the biotech rally could continue

Trading Nation: How hot can biotech get?
David Seaburg, Cowen & Co., and Ari Wald, Oppenheimer, join “Power Lunch” to discuss the biotech rally.
Biotech stocks have been on fire. The industry has risen 40 percent in the past year, and added 2.3 percent on Friday alone. This after drug giant Biogen reported positive results for a new Alzheimer’s drug, leading its […]