Source: Ligand PharmaceuticalsHow hot is biotech these days? The top two exchange trade funds focusing on biotech stocks both more than tripled the performance of the S&P 500 index over the past 12 months. That’s pretty hot.You might be asking, however, if it’s too late to still make solid returns in this sizzling sector. Not at all. There are plenty […]
It was a tumultuous week. Investors should get used to it because volatility is going to be with us for some time to come. You can blame a lot of things, but the evidence suggests that the dollar is the main culprit behind the market’s gyrations.The rate of ascent, rather than the direction of the dollar, is largely to blame […]
Disclosure: I own shares of AMGN and GILDBiotechnology stocks have been in a sharp correction this week. The iShares Nasdaq Biotechnology ETF dropped close to one-percent in early Thursday trade, following a 1.89% decline on Wednesday; and the SPDR S&P biotech ETF registered similar losses.Is the correction a buying opportunity or a wake up call?Both.On the one side, the correction […]
I remember sitting in my car in college listening to Howard Stern on the radio before class sometime in 2000. Howard and his crew were talking about the stock market which was roaring. The Tech Bubble was in full effect. The sky was the limit. If you weren’t in the market you were losing out. It was a similar vibe […]
View All3 Explosive Biotech Stocks to Buy Once the Dust ClearsLeadership has its privileges … and its drawbacks. Right now, biotech stocks are realizing one of the drawbacks as this normally investor-loved sector is being taken behind the woodshed. The reason: Traders are closing positions to lock in profits during a seemingly risk-off moment for the markets.Source: ©iStock.com/ChepkoThe move is […]
Get long Alibaba.Wall Street’s sales traders are increasingly telling clients to buy Alibaba Group Holdings (ticker: BABA) at a time when the stock and associated implied volatility are trading near lows.The recommendation is gaining vigor since the…
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Alibaba: Pessimism Is at Extreme Levels for Stock – Barron's
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SAN FRANCISCO (MarketWatch) — As the bull market in stocks and bonds shows no sign of slowing, investors are trying to time the inevitable: when it all comes crashing down.It isn’t just MarketWatch. The financial media these days are filled with a mixed message: Growth is finally here and it’s time to invest — until it all ends like the […]
TOKYO (AP) — Asian stock markets sagged Tuesday as a manufacturing survey underlined that China’s economic growth is losing momentum.KEEPING SCORE: China’s Shanghai Composite shed 1.3 percent to 3,637.21 and Japan’s Nikkei 225 dropped 0.2 percent to 19,718.56. South Korea’s Kospi lost 0.1 percent to 2,034.38. Hong Kong’s Hang Seng sank 0.6 percent to 24,351.20. Australia’s S&P/ASX 200 rose 0.2 […]
MARCH 21stWORLD MARKETS-Sharp decline in U.S. dollar lifts stocks, oil – Euro has best week against the dollar since 2011 – Oil sharply higher despite oversupply concerns – European stocks helped after Athens’ assurances – Fed Loses Patience, But Is in No Hurry – Oil Markets Brace for Another DelugeThe Fed’s lack of impatience sends markets on a wild ride, […]
Financial technology startups are getting funding from the very industry they hope to disrupt.Known in short as fintech, these startups are changing the way people pay, lend, and invest, threatening the long-established and entrenched financial systems. In the past couple years, fintech has increased in notoriety among financiers and investors, most notably in London and New York.From investing in growing […]
