Acadia Diamond
I’ve mentioned this in passing earlier, but I want to point out once again the well-formed diamond topping pattern in Acadia Pharmaceutical.
Recapping The ECB Comments With Moves In Currencies And Treasuries
(Audio length 00:09:27) After Mario Draghi did not provide us with any forward guidance on the ECB’s QE program we are seeing some big moves in the Euro and USD. Chris Temple joins me to recap the comments from Draghi and the moves in the markets. Now all eye’s shift to the Fed and if […]
Panic Buying Of Gasoline In Florida, 40% Of Miami Stations Out Of Gas: Blame Anti-Gouging Laws For Shortages
As Hurricane Irma nears Florida, everyone is in a rush to fill up their tanks. About 40% of the gasoline stations in the Miami-Fort Lauderdale region are now without fuel. Floridians have turned to the Crowd-Sourced ‘Gas Buddy’ App to determine which stations still have gas. The above image from the web version of Gas Buddy Tracker. Zoom into the […]
Object Lesson: War On Cash Backfires On India’s Economy
Indian Prime Minister Narendra Modi launched a surprise attack on cash in late 2016. He gave Indians a few days to convert the two largest denomination bills then circulating to bank deposits, after which point any undeposited notes would become worthless. The move was intensely controversial. Transactions completed using cash represented the vast majority of […]
FireEye Rallies After Morgan Stanley Upgrades Shares
The shares of IT security company FireEye (FEYE) are jumping after Morgan Stanley upgraded the stock to Overweight from Equal Weight. As reasons for the upgrade, the firm cited the convenience of the company’s new Helix solution, the “stabilization” shown by its second quarter results, and the upbeat checks conducted by the firm. HELIX: The […]
Berkshire Hathaway Stock Hit By Natural Disaster
The U.S. stock market was closed on Monday this week due to the Labor Day holiday. But when it opened on Tuesday major indexes tumbled by more than 1% in a single trading session. The Dow Jones industrial average fell by 234 points, posting its worst day since August 17. Financial stocks saw their steepest decline […]
AAPL Stock Slips After Reports Of New Iphone “Plagued By Production Glitches”
AAPL stock is sliding this afternoon as The Wall Street Journal reports the new iPhone is said to have seen “production glitches.” Apple Inc.’s new iPhone, which is expected to be unveiled Tuesday, was plagued by production glitches early in the manufacturing process this summer, according to people familiar with the situation, which could result in extended supply shortfalls […]
Get Sweet Surprises On Earnings From These 5 Stocks
The investing world is at present tousled with geopolitics, domestic politics, natural disasters like hurricanes and mixed economic data points. But this doesn’t mean that Wall Street activities will stop. Even in a shaky market like this, people are busy investing, but with greater caution. Naturally, what every investor would want now is a quality […]
USD/JPY, Treasury Yields Struggle Ahead Of More Fed Rhetoric
Ticker Last High Low Daily Change (pip) Daily Range (pip) EUR/USD 1.2029 1.2059 1.1914 112 145 EUR/USD breaks out of the narrow range from earlier this week, with the pair at risk for a further advance as the European Central Bank (ECB) appears to be on course to conclude its quantitative easing (QE) program. […]
Piper Says Buy Alnylam Sell-Off Today For Late September Data Release
Piper Jaffray analyst Edward Tenthoff lowered his price target for Alnylam Pharmaceuticals to $110 from $126 after the company said it discontinued dosing of fitusiran in all ongoing studies following a fatal thrombotic event in a Hemophilia A patient. The stock in premarket trading is down 12%, or $10.52, to $75.50. The analyst believes the […]
