The biotech sector recently fell by 8% in three weeks. I believe the bust is overdone. And now is a great moment to swoop in and buy… Biotech was by far the best-performing sector in the last great "Melt Up," when stocks soared at the end of the 1990s bull market. And I expect it will perform well again as today's Melt Up starts to pick up steam… ....More>>>
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You can love it, you can hate it. But you can definitely not ignore Celgene (NASDAQ:CELG). This biotech stock has continued to be in news for quite a long time and mostly for the right reasons.
Before we deep-dive in the company’ product portfolio, it would however be prudent to discuss the pricing issue that has been scaring away investors from biotechnology stocks. After being declared....More>>>
Silicon Valley hubris seeks third-class vote-less stockholder.
Snap Inc. (Pending:SNAP), the parent company of SnapChat, filed for an IPO on Thursday. The filing revealed just how toxic this deal is going to be, not just from a financial point of view – a risk IPO investors are willing to take in order to grab the next Google (NASDAQ:GOOG)(NASDAQ:GOOGL) or Facebook (NASDAQ:FB) –....More>>>
Uh-oh… For years, I've been extremely bullish on the stock market. And I still am, over the next year or two. However, in the short term, one of our top indicators is giving us a big warning sign… This indicator tells us that the stock market is getting "overly loved" by investors – and this is a bad thing. You see, typically when a market....More>>>
Teekay Corporation is one of the largest marine energy transport, storage and production companies, divided into four listings: Teekay Corporation (NYSE:TK), Teekay LNG Partners (NYSE:TGP), Teekay Offshore Partners (NYSE:TOO) plus TOO/prA and TOO/prB, and Teekay Tankers (NYSE:TNK); this article will emphasize the TOO preferred “B” listing.
Before I continue, I want to mention....More>>>
Popular stock Amazon.com (AMZN) rallied to new highs at the beginning of 2016 but price collapsed as the weeks progressed.
We now have a retracement to a critical resistance target and our planning comes from what happens here.
Let’s chart the level and plan the next price swing to trade:
It took just over one month to collapse price from $680 to the $480 level....More>>>