Below is a look at some of the headlines for companies that made news in the healthcare sector on December 12, 2014.ChemoCentryx Inc (NASDAQ: CCXI) gained more than 70 percent Friday on news that its lead drug candidate met with success in a Phase II study. Shares of the company changed hands recently at $7.57, up…
Greek Gamble Greece has recently been in the headlines again, and you can immediately guess why when looking at its stock and bond markets: Greece’s stock market has reversed course this year, and recently it has had a few bad hair days that looked especially gut-wrenching We outlined the basic problem in a post in…
We warned just a week ago that the lag between initial price declines in oil and the closure of rigs was between 4 and 6 months and just as we warned of the deja-vu all over again, Banker Hughes reports that the Rig Count this week dropped the most since March 2013 (oil rigs dropped 29 to…
Source: flickr Dear Diary, A conversation in the hotel lobby… Woman – tall, thin, attractive: “Hey, you must be a writer. You look like a writer.” Your editor, hunched over his laptop writing… “Good guess.” Woman, putting her arm around his shoulders… “I’m Rebecca. What’s your name?” “Bill…” “What are you writing about?” “A subject so…
The Weekly Leading Index (WLI) of the Economic Cycle Research Institute (ECRI) is at 132.3, down from the previous week’s 132.5. The WLI annualized growth indicator (WLIg) is at -2.3, up slightly from -2.4 the previous week. ECRI has been at the center of a prolonged controversy since publicizing its recession call on September 30, 2011. The company had…
Over the past week the Twitter Top 10 portfolio held up relatively better than the S&P 500 index (SPX). There were no real winners or losers given the fact that the market was down. Below is a performance chart and details of the current holdings.
Over the past week the Twitter Top 10 portfolio held up relatively better than the S&P 500 index (SPX). There were no real winners or losers given the fact that the market was down. Below is a performance chart and details of the current holdings.
Click on picture to enlarge No doubt the S&P 500 is one of the strongest stock markets in the world and it seems to have a large impact on what happens in Europe. Two key European stock markets ( London & Germany) could be creating “Double Tops” Joe Friday just the facts… If these are “Double…
And just like that, the list of countries who want to repatriate their gold just increased by one more, because after Venezuela, Germany, the Netherlands and rumors of Belgium, we now can add Austria to those nations for whom the “6000 year old barbarous relic bubble” is more than just “tradition.” From Bloomberg: Austrian Central Bank…
Gold prices are starting to climb. A funny thing happened on November 7. After hitting a low of $1,130.40 per ounce, the spot price of gold rebounded, ending the day at $1,178.70. On the previous day, November 6, spot gold closed at $1,141.30. Had gold finally “bottomed”? Between November 7, 2012 and the closing bell…
