NASDAQ Trades Halted on All Stocks 2 Hour Lockdown on NASDAQ Update
Update 8/26 Best idea on securities exchanges: Randall W.Forsyth in his Barron's Up and Down Wall Street column recommends that the NASDAQ and NYSE are put under the watchful eye of the NSA. And while we are on "big data" there is news that Amazon (AMZN) has had problems with "Cloud" services...
Biotechs Rally After FED Minutes-Sharp Comeback Update—- after close
Very Strange Whipsaw Day Who is in charge of this market, humans or computers? Earlier: My biopharma screen has gone green. Maybe "taper light" scenario means buy biotech as macro and interest rates are not affected. More later but NASDAQ reversal to up 0.44%, XBI up 2.5%, FBT up 3.4%,...
Pure Play Diagnostic Companies-Metrics After Q2 Earnings: ALR, QDEL and TMO
Diagnostics Company Stocks Are Off Their 2013 Highs Life science tools and diagnostics stocks are near all time highs despite stretched valuations because of a strong secular biotech bull market and perceived synergy with biopharmaceuticals. Key themes are point of care testing, companion...
Pivotal Week Coming Up For Stocks: Can Technicals Hold With Little News?
Tempering, Tapering and Transition A mild sell-off shifted momentum to the bears last week as countercurrents and seasonality comes into play. Heavy vacations in August transition to Labor Day weekend, Jewish holidays then a pick up in trading by mid-September. Here are several events to...
Risk Off Resumes With Profit Taking-Biotechs Off 5% From Highs
Biotech Sector Momentum Quits-IBB at Support Level of $189 NASDAQ Off 1.73% to 3605 Have fund managers raised cash and gone on vacation? Moreover many weaker sectors have become leaders like gold, silver,materials and energy. Walmart and Cisco are leading the way down against a back drop of...