The Athens stock exchange. Bank shares were particularly hard hit on Monday after reopening following the five-week shutdown. Photograph: Yannis Kolesidis/EPA
Greece’s stock market plunged nearly 23% on Monday when it reopened after a five-week shutdown brought on by fears that the country was about to be dumped from the eurozone.The main Athens stock index fell to in worst ever one-day […]
Ishares Nasdaq Biotechnology Index (IBB) has been on a tear in the last year, outperforming the NASDAQ and S&P 500 by multiples greater than 3x and 6x, respectively. This rapid appreciation has spurted chatter of a bubble forming in the biotech sector. Even US leaders have expressed a difference of opinion. Yellen, for example, stated back in July 2014 that the biotech industry […]
The Chinese stock market: officially sanctioned prices? Illustration: David Simonds/The Observer
As Greece holds a referendum that may create more uncertainties than it solves, are we looking in the wrong place for a financial crisis? In China, the authorities are in a fine sweat about a more traditional financial conundrum: a bubble in the stock market. How do you deflate it […]
SummaryOvaScience, Sarpeta Therapeutics, Ziopharm Oncology and Keryx Biopharmaceuticals all have a short interest above 20%.
These small cap biotech companies provide attractive characteristics for fundamental weakness through liquidity needs, no revenue and a higher fail rate.
Given these common variables, there is strong indication that a large Marco short strategy has been put in place.
This large short position provides opportunities for contrarian […]
Eurasian Economic Union to offer cross-border stock trading in 2016Published time: June 11, 2015 16:15Get short URLRIA Novosti / Alexey KudenkoTagsCIS, Russia and the global economy, Russian economy, TradeEurasian Economic Union (EEU) plans to allow reciprocal access to national stock exchanges next year, according to Eurasian Economic Commission Minister Timur Suleimenov.READ MORE: Vietnam signs free trade deal with Russia-led EEU […]
When an already attractive company in the small cap biotech space announces positive developments, it can take the market weeks or even months to price the news into the shares. Bret Jensen identifies three cheap companies with strong catalysts to power the next leg of their rallies.There are few things more exciting than buying a small biotech stock just before […]
NEW YORK (AP) — The stock market slipped back from its latest record high in a listless day of trading Tuesday. Oil companies and drillers tugged major indexes down as the price of crude oil dropped for a fifth day straight.Wal-Mart Stores fell after reporting weak sales and a drop in quarterly earnings, a result of raises for workers and […]
Yours truly can breath again having held his breath for probably longer than is safe, losing a few brain cells along the way. The enforced hypoxia experienced in my short bund holdings has been somewhat similar to that portrayed in movies where the hero manages to free himself from the sinking car and make it to the surface with only […]
For some time now, Europe’s economy has been traversing rough waters. Economic data has been disappointing and geopolitical tensions have kept investors worried. While an uneasy truce has been reached on Ukraine, Greece debt negotiations remain unresolved. But new economic data and stock market performance indicate that it may a good time to buy into Europe after all.Markets Moving NorthMarkets […]
Indexes had very nice action in the back half of the week and Friday’s 0.41% gain for the S&P 500 and 0.75% rally in the NASDAQ only added to that theme. Greek Prime Minister Alexis Tsipras agreed to meet with representatives from the European Union, the European Central Bank and the International Monetary Fund, ahead of Monday’s key Eurogroup meeting […]
