Wild Turnaround Day- RoboTraders Again?
Time to Follow the Technicals If you missed the morning action today you were better off unless you were bargain hunting. It looked like another ugly free-fall day at about 10 am EDT until some trigger set off buying with a lot of choppiness but then volume picked up at 1:30 pm and the market...
Sell Off in the Eighth Day but Look to AMGN and GPRO for Help
Classic Risk-Off Market With 10 Year Yield at 2.6%-Healthcare Sector Still Selling Off Down 1.68% The market is not celebrating the Debt-Limit Deal. A new reality may be setting now that all the dirty laundry has being aired. As of 2:11p EDT the S&P is down 1.63% to 1266 below its technical...
Debt Deal: Healthcare Stocks Sell Off On Potential Medicare Cuts
Triggers: Debt Ceiling and Skilled Nursing Stocks There is a broad sell-off in healthcare stocks today on fears that the debt ceiling deal would cut healthcare spending.A few weeks ago a few hedgies were on CNBC touting their "short healthcare" trade so maybe they were on to something. The...
Data Shows How Dx Companies Are Growing Through M&A
Here is 2011 Deal Data from IVDnews.com one of the leading data and news sites covering Diagnostics. Contact IVD News for details on all IVD deals for 2011. Recent M&A examples from our focus diagnostic stocks are: Luminex (LMNX) acquisition of EraGen for $34M. Orasure (OSUR)Acquisition of...
Rayno Life Science Tools and Diagnostics: What’s Hot and Not?
It was a tough week in Life Science Tools and Diagnostics with many crosscurrents: debt ceiling uncertainty, earnings shortfalls, lackluster economic data and European debt crisis. The usual positive buzz from the AACC offered little support. We will provide an updated financial comparison of...