Albireo Added To Russell 2000 Index
Jun 25, 2018
Jeremy Parkinson
Finance
BOSTON, June 25, 2018 (GLOBE NEWSWIRE) — Albireo Pharma, Inc. (Nasdaq:ALBO), a clinical-stage orphan pediatric liver disease company developing novel bile acid modulators, today announced that it has been added to the Russell 2000® Index as part of the annual reconstitution of the Russell stock indexes, effective upon U.S. market close on June 22, 2018. The […]
World Markets Update – Monday, June 25
Jun 25, 2018
Jeremy Parkinson
Finance
Two of eight indexes on our world watch list have posted gains through Monday, June 25, 2018. The top performer this year is India’s BSE SENSEX with a gain of 4.90%. In second is our own S&P 500 with a gain of 1.63%. In third is France’s CAC 40 with a loss of 0.54%. Coming […]
Here Comes The Next Biotech Revolution
Jun 25, 2018
Jeremy Parkinson
Finance
Technology and biotechnology are the two seminal investment themes of this century. And while many tech companies have seen share prices rise 100-fold or more since the millennium, biotech and its parent big pharma have barely moved the needle. That is about to change. You can thank the convergence of big data, supercomputing, and the […]
Why Biotechnology Stocks Will Outperform In The 2nd Half Of 2018
Jun 25, 2018
Jeremy Parkinson
Finance
On a day where broad markets are correcting strongly we are on record forecasting a bullish second half of 2018 for biotechnology stocks. This is why we believe biotechnology stocks will outperform broad stock markets in the 2n half of 2018. Let’s take one step back. Biotech was the absolute stock market darling between 2010 […]
Dip Buyers Feel The Fear
Jun 25, 2018
Jeremy Parkinson
Finance
Video length: 00:12:56 Trade war threats spooked stocks today and dip buyers should be worried. You may want to watch this video newsletter update as big trading opportunities are setting up. For those of you who thought you’d take the summer off it’s time to get involved in the market. Find out the opportunities to […]
Massive 1.8 Percentage Point Spread Between GDPNow And Nowcast: What’s Going On?
Jun 25, 2018
Jeremy Parkinson
Finance
GDPNow estimates second-quarter GDP at 4.7%. The FRBNY Nowcast estimates 3.9%. Why the discrepancy? You can almost drive a truck between those estimates. What’s Happening? In many past quarters, the GDPNow estimate started high then steadily plunged. This quarter, the GDPNow forecast started high and the spread widened GDPNOw Factors by Date The spread first […]
Time To Play The Video Game ETF?
Jun 25, 2018
Jeremy Parkinson
Finance
Audio length: 00:12:58 In this episode of ETF Spotlight, I talked with Ted Pollak, President, EE Fund Management.Ted co-founded the ETFMG Video Game Tech ETF (GAMR – Free Report) . GAMR is the world’s first ETF focused on the video game industry. First off, we discussed why Ted decided to create the EEFund Video Game Tech Index. […]
How Much Money Can You Afford To Lose In A Risky Investment?
Jun 25, 2018
Jeremy Parkinson
Finance
If I asked you, “How much money do you want to lose in a risky investment?” you would probably think this was a strange question. However, you must consider the risks before you invest. When you put money in the stock market you give up the certainty in return for the potential reward of growth. By choosing a risky investment, you […]
Stocks And Precious Metals Charts – All Along The Watchtower – Option Expiration Tomorrow On The Comex
Jun 25, 2018
Jeremy Parkinson
Finance
It was a risk off day in the US markets, which were roiled by new prohibitions against Chinese investment in key technologies companies in the US. The concern here is the propensity for China to ‘borrow’ US intellectual property. And a valid concern it is. Stocks dropped down to key support, and then bounced back weakly in […]
Bitcoin Crashes To New Lows
Jun 25, 2018
Jeremy Parkinson
Finance
Bitcoin and cryptocurrencies are at a critical point. On Sunday, bitcoin hit new intraday lows of $5,782, falling below the previous lows of $5,968 on February 6. The first crash happened over five days, dropping down to $10,876 (first point after the peak). Bitcoin was down 45.3% from the all-time intraday highs of $19,871 on December […]