I did not foresee the China mini-crisis. But I watched with fascination. Because I had little cash in my account, on August 12 I raised cash by selling my Cantel Medical (CMN) stock, all of it. Cantel is a great company making infection control devices. When I bought it in December of 2009 for $19.58 per share, after hearing about […]
The S&P 500 Biotech Index has nearly tripled in the past three years. The index had stalled and moved sideways for much of the past spring, leading some to wonder whether the rally was spent. Several factors have been fueling the biotech rally of the past three years. For one thing, the U.S. Food and Drug Administration has been pushing […]
Chinese stock market bubble hits record $6.5tn – BloombergPublished time: June 10, 2015 10:19Get short URLReuters / Aly SongTagsChina, Markets, TradeThe Chinese stock market has boomed to a value of $6.5 trillion in the last year, which could buy Apple 8 times over and fund 65 Asian Infrastructure Investment Banks, as Bloomberg research shows. The rally is arguably dangerous as […]
“Next week could be wild. The stock market is still near record highs. It’s consolidating its gain. It seems to have lost some of its upside momentum. What’s interesting is it’s really not following bonds which it was for a while,” said Marc Chandler, chief currency strategist at Brown Brothers Harriman.”Bonds and stocks were really moving together. Now they’re not. […]
When many of us think of investing, our thoughts immediately jump to the idea of picking stocks. The hope is to find the “hot tip” or get in at the “right time” in order to make a lot of money in a short period. We talk about investing as though it’s the same as stock trading when it’s not.
William Bernstein, […]
UK Stock Market Ready To Reverse?Stock-Markets / UK Stock MarketApr 19, 2015 – 09:42 PM GMTBy: Richard_CoxOver the trading sessions seen last week, UK markets have posted some declines that have caused concern for many investors that are long equities. So the next question to ask is whether or not this is a true bearish reversal of the longer term […]
Cellular Biomedicine: Strong Sell On CAR-T Failure, Dishonesty Allegations And Stock Promotion, -94.6% Downside
SummaryWith paid stock promotion CBMG has achieved an unsustainable $500m valuation, and with $20m in stock sold and insiders stock registered to sell, I expect CBMG will continue to collapse.
CBMG “Car-T” technology was acquired for $1.8m, has experienced patient deaths and is worthless. CBMG recent R&D of just $4.9m makes the $500m valuation clearly absurd.
CBMG founders face dishonesty allegations, are […]
NEW YORK — Expectations that the Federal Reserve will be slow to raise interest rates, spurred by a weak jobs report last week, helped send the stock market up Monday. A jump in the price of crude oil set off a rally in energy stocks.The stock market was closed Friday, the day the Labor Department reported that employers added just […]
NEW YORK — Some entrepreneurs looking for startup funding got a wad of money near the end of last year, but there are concerns the boom may not last.Startup iFunding is a beneficiary of the surge. The website focused on real estate investing raised nearly $2 million in just a month. Typically, it would take at least six months to […]
Books are one of many great resources that can teach you how to trade in the stock market. But let’s be honest, they may not be the best option, what with the introduction of the internet and instant access to blogs, forums and other communities. Books have kind of taken a back seat when it comes to teaching how to […]