Finance

Varonis Systems – Chart Of The Day

The Chart of the Day belongs to Varonis Systems (VRNS). I found the data management software stock by using Barchart to sort Barchart’s Top Stocks to Own list first by the highest Weighted Alpha, then I used the Flipchart feature to review the charts for consistent price appreciation over the past 6 month period.The List ranks stocks by the highest current…

Market Talk – Wednesday, April 18

Wall Streets euphoria spilled-over into Asia with many markets making gains. The one outsider today was the SENSEX which closed marginally lower -0.2%, breaking its recent winning streak. We continue to see the INR trade weaker against the dollar and now is heading for levels not seen since late September 2017. The majority of the…

Fed’s Beige Book Notes “Dramatic” Increases In

Bond yields jumped today after the Fed’s Beige Book noted steel stockpiling and tariff-related price hikes. The Fed’s “Beige Book” is a compilation of economic activity by each of twelve Federal Reserve districts. The title sounds impressive but it is little more than a summation of the anecdotes from the latest Fed regional reports (Think…

VIX Mysteriously Spikes At Auction… In Favor Of Record Spec

Just two months ago, regulators finally opened a probe into what a whistleblower called “rampant manipulation of VIX.” This morning’s manic VIX auction has once again sparked chatter of just how ‘gamed’ the vol markets still are… With stocks quietly drifting sideways ahead of the US cash open this morning, VIX suddenly spiked reprising a pattern of jerky moves on…

Calithera Bioscience Shares Surge After Fast Track Designation St

Calithera Biosciences, Inc. (NASDAQ: CALA) Shares of Calithera Biosciences, Inc. gained $0.60, or $9.45% during premarket trade on Wednesday. The surge came after the company received a fast track designation status from the FDA for its CB-839 glutaminase inhibitor and cabozantinib, which are combined to treat kidney cancer, or renal cell carcinoma. The biotech firm,…