Data Presented At ACR, Bristol-Myers Inks Immuno-Oncology Deal
Several companies were present at the annual meeting of the American College of Rheumatology (ACR) presenting data on approved as well as pipeline candidates. Meanwhile, Bristol-Myers (BMY – Free Report) announced an immune-oncology deal and also provided updates on some of its cancer treatments. Recap of the Week’s Most Important Stories Data Presented at ACR: Quite a few […]
King Of Debt Takes The Reins
The election of Ronald Reagan in 1980 provides the best recent precedent for the unexpected triumph of Donald Trump (in my opinion, the other post-war Republican takeovers of the White House –Ike in ’52, Nixon ’68, and W. in ’00 – did not constitute a real break from the status quo.) As many people expect […]
Ross Stores (ROST) Q3 Earnings & Revenues Beat, Stock Up
Shares of Ross Stores Inc. (ROST – Free Report) rose 3.4% in the after-hours trading session on Nov 17, after the company reported robust third-quarter fiscal 2016 results. Both the top and bottom-line beat our estimates as well as the company’s projections. Moreover, earnings and sales improved year over year. The strong results stemmed from […]
Weekend Reading: The Trump Effect
After more than a week following the election, the markets, and a large chunk of the nation, remain a mixed bagged of emotions ranging from exuberance and disbelief to anger and depression. While I don’t want to get into the “left versus right” debate in this missive, it has been interesting to watch market participants swing from “Trump The […]
Wild Volatility: These Canadian Marijuana Stocks Provide Great Day-Trading Opportunities
With intraday fluctuations of up to 80% – yes, 80% – the Canadian marijuana stocks on our list create significant day-trading opportunities for those so inclined. By SmallCapPower.com Circuit breaks are tripped when a stock climbs or falls at least 10% in a five-minute period and the following 5 stocks did more than that going on a […]
Institutional Buying And Selling – Friday, Nov. 18
Conditions are up but under very high stress. Take a look at today’s chart that show’s Institutional Buying and Selling. Institutional Investors were in net Accumulation with down ticks in Buying and Selling yesterday.
Are The Saudis About To Reveal The Best Kept Secret In Oil?
One of the oil world’s longest and best kept secrets may finally be revealed. Saudi Arabia is preparing to unveil how much oil it holds, a closely guarded state secret that has been kept quiet for decades. The decision to bring such important data to light comes as Saudi Aramco is preparing to partially privatize […]
T2108 Update – A 5-Day Backup Under All-Time Highs For The S&P 500
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are occasionally posted on […]
Apple Supplier Foxconn Said To Evaluate Moving Iphone Production To U.S.
Apple suppliers Foxconn and Pegatron may be looking into relocating their manufacturing operations for the iPhone from China to the U.S. The news comes on the heels of concerns that when Donald Trumps gets into the White House, he may start pushing Apple to start producing at least a certain number of components for the iPhone in […]
Bull Of The Day: New Oriental Education & Technology (EDU)
China’s largest private education provider delivered another strong quarter. Analysts have been raising their price and earnings estimates after solid results, sending the stock back to a Zacks rank #1 (Strong Buy). About the Company Founded in 1993, New Oriental Education & Technology Group Inc. (EDU) is the largest provider of private educational services in China with […]
