Archive for Stock Market News

US stocks rebound as House approves tax plan

By IFCMarkets Nasdaq ends at all time high US major stock indices rebounded on Thursday on upbeat earnings reports as the House passed the Republican tax cut plan. The dollar weakened marginally: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, ended little […]

Tax reform worries drag US stocks lower

By IFCMarkets Energy shares lead SP 500 retreat US major stock indices pullback accelerated on Wednesday as concerns about tax cuts reform undermined investors risk appetite. The dollar strengthened : the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, rose 0.1% to 93.91. […]

Biotech Targets ‘Blockbuster’ Markets; Less-Addictive Opioid Painkiller Set for FDA Filing

By The Life Science Report Source: John McCamant for Streetwise Reports   11/15/2017 Medical Technology Stock Letter editor John McCamant outlines the reasons behind buy and target price increases for a company that, in addition to developing an alternative to addictive opioids for pain relief, has candidates targeting multiple immune disorders and cancer. NKTR-181 Set for […]

Biotech’s Target Price Increased as Shares ‘Deeply Undervalued’

By The Life Science Report Source: Streetwise Reports   11/15/2017 Wedbush analyst Robert Driscoll provided an update on the lead asset of this drug developer targeting cancer. A Nov. 9 Wedbush research report indicated that Sierra Oncology Inc. (SRRA:NASDAQ) is expected to release initial clinical data from two Phase 1 studies of lead candidate SRA737, “a […]

Tax reform uncertainty weighs on US stocks

By IFCMarkets Stocks pullback continues US major stock indices inched lower on Tuesday as tax cuts delay concerns undermined market sentiment. The dollar weakened on euro rally: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, fell 0.7% to 93.81. The S&P 500 lost 0.2% […]

What “Too Confident to Save” Means for Stocks

By Elliott Wave International   Learn to Use Sentiment to Time Your Investments Better In this 14-minute video, you’ll learn how to combine Elliott wave analysis with extremes in market sentiment to reliably anticipate turning points in the markets. EWI Chief Market Analyst Steve Hochberg explains using an example in gold. Get instant access! This […]

Equity markets looking increasingly unhinged

Article by ForexTime It should be all good news for global equity markets at present as the global recovery continues to tick along nicely. So far profits are up and the market has been bullish, especially around developed labour markets. However, have we overextended at present? If you’ve been watching some of the major indexes […]

Green Energy: Lost Cause or Must-Have Investment?

By WallStreetDaily.com You know I favor microcap technology investing. My rationale is simple (and irrefutable)… No other investment on Earth rewards investors greater for hitting the bull’s-eye. The problem is the bull’s-eye always moves. Case in point: Roughly 10 years ago, the bull’s-eye was squarely fixed on alternative energy. With oil prices above $100 per […]

Dow Jones: Technical Analysis – Postponement of tax reform deadlines may trigger a correction

By IFCMarkets Postponement of tax reform deadlines may trigger a correction As a result of the last week the US stock index Dow Jones fell for the first time in 9 weeks. Will its downward correction continue? The US President Donald Trump’s tax reform may be significantly reduced, as well as postponed for a year. […]

US market edges up

By IFCMarkets SP 500 ends within 1% of all-time high US major stock indices ended marginally higher on Monday with gains capped by uncertainty about Republicans’ tax cuts bill. The dollar edged higher: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, rose […]

Biotech with Solid Pipeline and ‘Solid Partnership Outlook’

By The Life Science Report Source: Streetwise Reports   11/13/2017 Analyst Kevin DeGeeter, with Ladenburg Thalmann, relayed the highlights from his recent meeting with this company’s management team about near-term clinical news and pipeline plans. Molecular Templates (MTEM:NASDAQ) continues to advance its pipeline and, thus, catalysts are anticipated next year, reported DeGeeter in an Oct. 24 […]

S&P500 Speculators increased net short positions this week

By CountingPips.com – Receive our weekly COT Reports by Email S&P500 Non-Commercial Speculator Positions: Large speculators increased their bearish net positions in the S&P500 futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Monday due to the Veteran’s Day holiday. The non-commercial […]

Marlboro M: Marijuana Hoax… or Brilliant Idea?

By WallStreetDaily.com I nearly fell out of my chair when I saw a pack of Marlboro marijuana cigarettes being promoted online. As the story goes, Marlboro’s “M” series cigarettes are available in four states — Washington, Oregon, Colorado and Alaska. And prices start at $89 per pack — say what? Heck, I even saw the […]

US stocks rally pauses on tax reform uncertainty

By IFCMarkets Dow, SP 500 slide while Nasdaq edges higher US stocks ended lower on Friday on corporate tax cuts delay concerns. The dollar weakened further as consumer sentiment deteriorated in November: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, slid 0.1% […]

5 Powerful Data Points (Ignore at Your Own Risk)

By WallStreetDaily.com Behind the curtain here at Wall Street Daily, we’re performing minor miracles with data. For example, an upward trend in the Baltic Dry Index (BDIY) just emerged, warning us that the cost to ship raw materials is rising. Such data points give us a huge edge when forecasting stock movements. Another point worth […]

AU200: Technical Analysis – Rising trade surplus bullish for Australian stock index

By IFCMarkets Rising trade surplus bullish for Australian stock index Australia’s trade surplus ros in September. Will the AU200 stock index continue rising? Latest data from China, Australia’s biggest export market, were positive: inflation rose to 1.9% in October from 1.6% in September. This points to healthy economy growth and growing demand in China, a […]