How to Resist Market Timing (Even When Youre Scared)
Top 20 Companies for Annuity Sales: 2016
Ryan Pulls Bill to Repeal Obamacare; Says Tax Reform Now in Danger
Since the Federal Reserve raised interest rates in mid-March, for the second time in three months, U.S. bond yields have declined, and despite expectations (until last Friday) for repeal of the Affordable Care Act, the S&P Large Cap Health Care sector has been the second best performing group in the S&P 500 year to date.
(Related on ThinkAdvisor: Fed Raises Rates; So What Should Clients Do?)
Expectations for health care reform followed by tax reform had been driving the Dow Jones industrial average to record-breaking highs, first above 20,000 and then briefly above 21,000. But now prospects for tax reform are not as bright as they had once seemed.
(Related on ThinkAdvisor: Why the Market’s Great Expectations for Trump Are Overdone)
“With all due respect to the administration, I dont see them playing as big a role” in tax reform, says…
Top 5 Performing Stocks To Watch For 2018: EQT GP Holdings, LP(EQGP)
- [By Elizabeth Balboa]
Not only does Jana consider the deal price overvalued, but it looks to redirect EQT’s focus to a breakup of pipeline operations to transform the core company into an exploration & production firm. The pipelines already trade publicly under EQT Midstream Partners LP (NYSE: EQM) and EQT GP Holdings LP (NYSE: EQGP).
Top 5 Performing Stocks To Watch For 2018: GTx Inc.(GTXI)
- [By Chris Lange]
GTx Inc. (NASDAQ: GTXI) will present additional data demonstrating duration of response following completion of treatment for its Phase 2 proof-of-concept clinical trial evaluating enobosarm 3 mg in postmenopausal women with stress urinary incontinence at the upcoming 2018 American Urological Association meeting on May 18.
- [By Roberto Pedone]
One biopharmaceutical player that’s rapidly moving within range of triggering a major breakout trade is GTx (GTXI), which is dedicated to the discovery, development and commercialization of small molecules that selectively target hormone pathways to treat cancer, osteoporosis and bone loss, muscle loss and other serious medical condition. This stock has been hammered by the bears so far in 2013, with shares off sharply by 53%.
If you look at the chart for GTx, you’ll notice that this stock recently gapped down sharply from over $4 to below $1.50 a share with heavy downside volume. Following that gap down, shares of GTXI have rebounded sharply and started to uptrend, with the stock moving higher from its low of $1.31 to its recent high of $1.96 a share. During that move, shares of GTXI have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of GTXI within range of triggering a major breakout trade.
Traders should now look for long-biased trades in GTXI if it manages to break out above some near-term overhead resistance at $1.96 a share with high volume. Look for a sustained move or close above that level with volume that hits near or above its three-month average action of 1.35 million shares. If that breakout triggers soon, then GTXI will set up to re-fill some of its previous gap down zone from August that started just above $4 a share. Some possible upside targets if GTXI gets into that gap with volume are $2.50 to $3 a share, or possibly even $3.50 a share.
Traders can look to buy GTXI off any weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support at $1.50 a share. One can also buy GTXI off strength once it takes out $1.96 a share with volume and then simply use a stop that sits a comfortable percentage from your entry point.
Top 5 Performing Stocks To Watch For 2018: Contango Oil & Gas Company(MCF)
- [By Lisa Levin]
In trading on Thursday, energy shares were relative laggards, down on the day by about 0.87 percent. Meanwhile, top losers in the sector included NGL Energy Partners LP (NYSE: NGL), down 17 percent, and Contango Oil & Gas Company (NYSE: MCF), down 12 percent.
- [By Lisa Levin]
Wednesday afternoon, the energy shares surged 0.79 percent. Meanwhile, top gainers in the sector included Contango Oil & Gas Company (NYSE: MCF), up 13 percent, and Cenovus Energy Inc (USA) (NYSE: CVE), up 7 percent.
- [By Stephan Byrd]
COPYRIGHT VIOLATION NOTICE: “Contango Oil & Gas (MCF) Short Interest Update” was originally published by Ticker Report and is owned by of Ticker Report. If you are reading this article on another site, it was copied illegally and republished in violation of US and international copyright & trademark laws. The correct version of this article can be read at https://www.tickerreport.com/banking-finance/3346537/contango-oil-gas-mcf-short-interest-update.html.
Top 5 Performing Stocks To Watch For 2018: Lifeway Foods, Inc.(LWAY)
- [By Jim Robertson]
Last Friday, our Under the Radar Moversnewsletter suggested shorting small capdairy health food product stock Lifeway Foods, Inc (NASDAQ: LWAY):
- [By Peter Graham]
A long term performance chart for Dean Foods Co shows a positive but not spectacular long term return as small cap Lifeway Foods, Inc (NASDAQ: LWAY) has been more volatile and non-dairy desert stock Tofutti Brands Inc (NYSEMKT: TOF) has given a moderately positive performance:
Top 5 Performing Stocks To Watch For 2018: Insmed, Inc.(INSM)
- [By Lisa Levin]
Insmed Incorporated (NASDAQ: INSM) shares were also up, gaining 9 percent to $25.57. Credit Suisse upgraded Insmed from Neutral to Outperform.
Equities Trading DOWN
- [By Lisa Levin] Gainers
Valeritas Holdings, Inc. (NASDAQ: VLRX) shares jumped 17 percent to $3.65.
Cambium Learning Group, Inc. (NASDAQ: ABCD) shares rose 13.5 percent to $11.70.
McDermott International, Inc. (NYSE: MDR) gained 11.6 percent to $6.75 after the UK-based offshore oil service company Subsea 7 made an unsolicited bid to buy McDermott for $7 per share. However, the acquisition offer is contingent on McDermot terminating its pending merger with Chicago Bridge & Iron Company.
Nautilus, Inc. (NYSE: NLS) shares jumped 11.2 percent to $14.95. Nautilus is expected to release Q1 results on May 7, 2018. Craig-Hallum initiated coverage on Nautilus with a Buy rating and a $19.00 price target.
GEE Group, Inc. (NYSE: JOB) shares gained 11 percent to $2.2199.
Check-Cap Ltd. (NASDAQ: CHEK) surged 10.8 percent to $4.50.
Foresight Autonomous Holdings Ltd (NASDAQ: FRSX) rose 10.1 percent to $3.39.
Stars Group Inc. (NASDAQ: TSG) climbed 9.6 percent to $32.10. Stars Group Inc (NASDAQ: TSG) announced plans to acquire Sky Betting & Gaming for $4.7 billion.
Insmed Incorporated (NASDAQ: INSM) shares jumped 9.1 percent to $25.66. Credit Suisse upgraded Insmed from Neutral to Outperform.
Tennant Company (NYSE: TNC) rose 8.4 percent to $75.65 after the company posted upbeat Q1 results and raised its FY18 earnings outlook.
Command Security Corporation (NYSE: MOC) shares gained 6.4 percent to $3.0960 after the company disclosed a $23 million five-year contract with LaGuardia Gateway Partners for LaGuardia Airport New Central Terminal Building.
Helios and Matheson Analytics Inc. (NASDAQ: HMNY) rose 6.2 percent to $2.41 after falling 10.98 percent on Friday.
Vectren Corporation (NYSE: VVC) shares rose 5.7 percent to $69.31. CenterPoint Energy, Inc. (NYSE: CNP) announced plans to acquire Vectren for $72 per share in cash.
Hanesbrands Inc. (NYSE: HBI) gained 4.9 percent to $18.035. Stifel Nicolaus upgraded Hanesbrands from Hold to Buy.
- [By Max Byerly]
TRADEMARK VIOLATION WARNING: “TIAA CREF Investment Management LLC Buys 13,438 Shares of Insmed, Inc. (INSM)” was first posted by Ticker Report and is the property of of Ticker Report. If you are viewing this article on another site, it was illegally stolen and reposted in violation of United States & international trademark and copyright laws. The original version of this article can be accessed at https://www.tickerreport.com/banking-finance/3353518/tiaa-cref-investment-management-llc-buys-13438-shares-of-insmed-inc-insm.html.
- [By Lisa Levin]
Insmed Incorporated (NASDAQ: INSM) shares were also up, gaining 10 percent to $25.72. Credit Suisse upgraded Insmed from Neutral to Outperform.
Equities Trading DOWN