Category: Stock Trading

VERU stock chart

Biotech Stocks To Watch Week of February 11 2019: $MTFB $VERU $PFE $BHC $MRK $CALA $GMDA $BCRX $AIMT

02/10/2019

Next week we have the Genitourinary (GU) Cancers Symposium, a three-day meeting for GU malignancies, from February 14 – 16, 2019. Lots of traders will be watching the data released from Merck and its Phase 3 KEYNOTE-426 trial of Keytruda in combination with axitinib in patients with advanced or metastatic renal cell carcinoma. Sympathy plays […]

Two Big and Painful Losses From Two Believably Challenged Companies This Week $USAT $RGSE

02/9/2019

I have two big and painful losses this last week in USAT and RGSE. USAT is being cut for a -40% loss and RGSE is a -15% loss. I’m removing both stocks from the long-term buy and hold portfolios. I’m completely out of the market now. USAT was less than honest about its revenues from […]

Nasdaq futures chart

Overnight Futures Down On AUD/USD

02/7/2019

Overnight futures are down a decent amount as the U.S. dollar strengthens against the Aussie as demand for safe haven assets rose in foreign markets as the China Butterfly Effect spreads to commodity countries. AUD/USD Nasdaq Overnight Futures SmallCap2000 Overnight Futures S&P 500 Overnight Futures SOFI AI For Premium Members

BE stock chart

Fuel Cell Deployments in South Korea

02/5/2019

Here is a company that recently IPO’d that just announced fuel cell deployments in South Korea. The deal worked is with the third largest conglomerate in Korea. The company is Bloom Energy Corporation (BE). SK D&D, the real estate and renewable energy development arm of SK Group, the third largest conglomerate in Korea, and Bloom […]

CBIO stock chart

Biotech Stocks To Watch Week of February 4 2019: $ABEO $AVRO $SGMO $PLX $CBIO $JNJ $QURE $MTFB

02/3/2019

The Biotech stocks ETF IBB is pushing up against its 200 day moving average. The 200 day moving average has been a major resistance level in November, December, and January. Notice the huge surge on the CMF as we test 200 day moving average resistance, nice! This suggests we have a real chance of breaking […]

Impact of tariffs on iPhones

A Recession Is The Only Path To Change

01/27/2019

A recession is the only path to real change in the U.S. President Trump gave corporate globalists tax cuts and then told CEOs to start building manufacturing plants here in the U.S. or face the negative results of tariffs against China and other countries. Instead of these pompous globalists listening to President Trump, they used […]

SGMO stock

Biotech Stocks To Watch For Week of January 28 $AQST $ALKS $SNNA $EOLS $AVRO $SGMO $MTFB

01/27/2019

Biotech stocks and IBB are consolidating just below the 200 day moving average. While IBB has been consolidating the last couple of weeks, the CMF has been rising which is bullish. We have a Parabolic SAR sell signal which favors the Bears so caution is warranted. It would be great to see IBB break above […]

SPX stock chart

Tax Selling Played a Big Part In Q4 2018 Market Performance

01/24/2019

I have enough data to confirm my suspicions that much of the market selling in Q4 2018 had to do with tax selling and the Fed’s projected rate hikes for 2019. Remember, last year was a down year for markets and so there was a lot of selling and the realization of losses in Q4 […]

S&P 500 Futures Down In Overnight Trading

01/21/2019

S&P 500 futures are down -0.54% in overnight trading. S&P 500 Futures The move lower in the overnight futures market is coming after Europe and Latin America were hit after data showed a slowdown in growth in China, the world’s second biggest economy. The International Monetary Fund also lowered its global growth forecast. This is […]

AUPH stock

6 Biotech Stocks To Watch $SNY $MDWD $COCP $AUPH $SNNA $EOLS

01/20/2019

With IBB pushing up against its 200 day moving average, it’s probably a good idea to wait for resolution off that level before going long most biotech stocks. 6 Top Biotech Stocks To Watch Below are the top biotech stocks to watch next week that could see big moves ahead of upcoming PDUFA and/or clinical […]

Trader Warning About Not Staying In Cash

01/18/2019

We can laugh at the mainstream media posting fake news like yesterday’s Wall Street Journal article about postponing tariffs in China trade negotiations. However, if you’re in the market and you lost money, it’s really not funny. Case in point OddStats posted this story about how he lost everything in the stock market this week. […]

Wall Street Journal fake news story today about delaying China tariffs

Why Patience Matters

01/17/2019

Patience is so hard for traders, especially in a FOMO environment like we have right now. I receive emails each month from people who have lost all their cash and are done with trading. Don’t be one of them! The S&P 500 has not yet cleared its resistance zone: We want to see the S&P […]