The week of October 29 will not be boring, that is for sure. There is plenty of action, from companies like Amazon, Apple, and Alkermes.
It was a roller coaster day for the stock market but don’t expect the volatility to die down anytime soon.
Micron Trading Underwhelms, Tesla Put To The Test, and Boeing Heads Lower MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN SHARES OF ALKS AND TESLA Happy Summer Solstice! The S&P 500 The S&P 500 finished lower by about 60 bps and pretty much killed my theory we would cross 2,800 this week, but it … Read more
Micron’s Massive Breakout, Plus Skyworks, Lam, Biogen, Alnylam & More The stock market was mixed on Monday, with the S&P 500 finishing the day down slightly. Technology and Biotechnology continue to be the best performing sectors in the market, with the Nasdaq Biotech IBB rising by 40 bps, and the Technology ETF XLK rising by … Read more
Biotech, Technology, And NASDAQ 100 All Breakout – S&P 500 Back To 2,880? Stocks were in rally mode again after a better than expected job report boosted the S&P 500 by about 1.5 percent. Any hesitation I have had over the past couple of day seems to indicate that the market, technology, and biotech stocks … Read more
Biotech and Technology Stocks To Watch Amid A Sector Breakout And More The stock market has felt like it has gone nowhere, and seems to have lost its sense of direction. It feels as though a tweet can send the market reeling lower, or soaring higher. But with all the ups and down, the S&P 500 … Read more
7 Stocks Leading The Bull Run While The Inflation Narrative Fizzles Out The stock market continues to rally, and the S&P 500 just continues to take levels out on its march higher. Can we say at this point the narrative last week that the market was crashing because of inflation worries and rising rates was wrong? … Read more
3 Stocks To Watch, And Why The Rising Yield Story Is Overblown The focus this week will undoubtedly be on yields, with the 10-year Treasury rates climbing to over 2.8 percent this past week. Since the market is so obsessed with yields, let’s talk about yields and be smart about it. Plus we cover 3 … Read more
What Apple and Biotech Alkermes Have In Common Investing is never easy, but I will tell you, there is more information available today than at any other point in history, you just have to look for it. Alkermes and Apple are two pretty good examples of that. If you do your homework and think outside … Read more
Biotech Stocks Monster Bounce Back, Plus Micron, Lam, Rates, and Oil If you aren’t investing in Biotech, then you aren’t living. Yesterday, biotech stocks were getting smashed, and today was like yesterday never happened. Today the S&P SPDR Biotech ETF (XBI) climbed by over 2.5 percent, and the NASDAQ Biotech ETF rose by nearly 2 … Read more