Day: December 2, 2018

S&P 500 futures chart

Overnight Futures Up HUGE


Overnight futures are up huge! Yahoo! Dow +1.94%, S&P500 +1.81%, Nasdaq +2.3%, SmallCaps +1.63%, WOW! Russia and Saudi Arabia agree to oil supply cut and will announce on December 6, 2018 at OPEC meeting, oil futures up +6% on the news. Gap up open likely tomorrow. GO BULLS!! S&P 500 Overnight Futures Nasdaq Overnight Futures

MGNX stock chart

Biotech Stocks To Watch Next Week: $GBT, $MGNX


With the big ASH meeting ongoing, we have more biotech stocks to watch for big news in the week ahead. I’m feeling better about risk-on biotech stocks with the Federal Reserve suggesting that it’s prepared to slow down rate hikes as we are just below the neutral policy rate and the U.S. and China has […]

NXPI Fixed Frequency Single-Coil Transmitter

QUALCOMM and NXP Semiconductors Buyout Back In Play


The White House said that Dictator Xi would reconsider approving a possible $44 billion deal for Qualcomm Inc. to purchase NXP Semiconductors NV if it’s brought to him again. QCOM Stock Chart QCOM stock looks like a sweet setup as it starts to round back up on the chart. I like the clearly defined stop-loss […]

US and China currencies

China Trade War Halt On 90 Day Ceasefire Watch Overnight Futures


The U.S. and China have agreed to a 90-day ceasefire in the ongoing trade war between the two countries! Hooray! Let’s see how overnight futures start trading tonight and if a risk-on trade kicks in on the Russell 2000. The 90-day truce from the trade war between the world’s two largest economies gives China time […]

Biotech Stock Immune Design Could Soar Next Week


Biotech stock Immune Design (IMDZ) just released the big news we have been waiting for over this weekend’s news cycle. Immune Design just announced long-term follow up results from a randomized Phase 2 clinical trial of 10 ug intratumoral G100, a TLR4 agonist, with or without pembrolizumab, in follicular lymphoma patients. In the 26 na├»ve […]

Chart of UNG

Avoid Natural Gas Stocks As Seasonality Peaks


Natural gas stocks have peaked this seasonal cycle and are on the way down. Shale drilling has made the U.S. one of the world’s lowest-cost sources of natural gas on the planet. Companies are investing billions to exploit gas as either an exportable product or even as a feedstock for manufacturing but that doesn’t mean […]