On Wednesday December 10th, 2014 Merck (MRK) reported that it achieved early positive results using KEYTRUDA against patients that had triple-negative breast cancer. Triple-negative breast cancer is an advanced form of breast cancer that is more difficult to treat compared to other forms of breast cancer. This is because Triple-negative breast cancer doesn’t express genes…
Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW + 63 = 17,596 SPX + 9 = 2035 NAS + 24 = 4708 10 YR YLD + .01 = 2.18% OIL – 1.22 = 59.72 GOLD + 1.30 = 1228.40 SILV + .04 = 17.20 We have a lot to cover. Let’s start…
Resignation of McDonald’s USA president Jeff Stratton has surely added to the list of problems being faced by this fast-food giant. Shares of McDonald’s (MCD) have skidded more than 9 percent over the past few months. This is the worst decline the company has seen in over a decade; investors have now started questioning the…
The Chart of the Day is Hawaiian Holding (NASDAQ:HA). I found the stock by sorting the All Time High List for new high frequency in the last month then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 10/20 the stock gained 64.49%. Hawaiian Holdings is a holding…
Check Out Business Podcasts at Blog Talk Radio with everydayRADIO on BlogTalkRadio Discussing the value of using covered call options for your stock portfolio. Learn how to generate thousand in weekly income by using this option strategy.
There is a yawning gap taking place between high yield instruments (such as HYG and JNK) versus the equity market in general. My view is that this spread will reconcile, which is a polite way of saying that stocks are prone to some hard-core selling. Even from a great distance, viewing years of these two…
Congress is cutting a deal to allow retiree benefits to be cut. As you may recall, Congress responded to business lobbying by allowing their pension plans to make outrageously optimistic assumptions about future returns, so the corporations could divert more of their money from pension contributions to short term profits. Now that corporate profits are at…
Last week, OPEC failed to cut production quotas – though it didreveal its own irrelevance. Now, for the first time since 1972, oil prices are being set by the free market, not by a producer cartel. That means much lower oil prices, along with some surprising winners and losers. On top of that, we’re seeing…
UPDATE: WTI just hit a $58 handle… The overnight stability (and brief dead-cat-bounce this morning) has turned into a renewed bout of selling pressure and for the first time since July 2009, WTI has broken below the $60 level. Canada Heavy is trading $42.10 (down almost $4 today!), its lowest since April 2009. Energy credit…
In recent months we have had plenty of news around the current state of the Chinese economy. The golden times of growth for the Asian country seem to be behind it and the government is trying to cope with an economy that has been losing momentum. The macro figures of the past few weeks have…
