|Day Low/High||45.50 / 47.79|
|52 Wk Low/High||14.01 / 47.79|
The aging population is creating a massive tailwind for companies that provide cutting-edge health care.
We review Acadia Pharmaceuticals, The Medicines Company, and Flexion Therapeutics.
Intra-Cellular Therapies and Acadia Pharmaceuticals are worth investors' attention.
Quick takes on fourth-quarter results from these 3 biotech names.
These names are showing technical characteristics of either bullish or bearish reversal patterns.
In 2017, McCamant's model portfolio rose 65%, while his trader's portfolio rose 98%.
Great being here on Daily Diary today. Nice to see a huge rally for once standing in for Dougie as well. Lots of good conversation as the markets close near their highs for the day. Some big moves in the small biotech names that are near and dear to...
The April Jobs report showed that 164,000 jobs were created last month. This is nearly 30,000 jobs less than the consensus. Unemployment rates tumbles to 3.9%, the first time under the 4% level in almost two decades. A rash of biotech news hitting t...
I continue to keep a 'shopping list' at the ready for the next dip in the market.
Recently I have noticed some of Wall Street's younger analysts engaging in "multiple creep." They seem to be treating a 12 EBITD (cash flow) multiple like a 12 PE (price to earnings) ratio. Whoops! No problem, for example, paying 25x EPS for ....Unt...
The biotech sector has seen a big rally, but there are still opportunities.
Readers have asked about Acadia Pharmaceuticals and Dynavax Technologies, so we answer.
"If you work for a living, why do you kill yourself working?" -- Tuco, The Ugly: "The Good, the Bad and the Ugly" There was plenty of sector rotation today (but little overall movement), so let's move to the abbreviated Monarch Notes form of "Takeaw...
The Plymouth Meeting, Pa.-based firm said a Phase 1 study of Zika vaccine GLS-5700 'induced high levels of binding antibodies in 100% of participants.'
Prospects for acquisition activity in the sector are improving.
ACAD looks strong enough for a rally at least to the upper $30s.
"I never knew how easy the game of baseball was until I entered the broadcasting booth." -- Mickey Mantle While the markets were relatively flat there was a lot of subsurface action. The Alternative to the Bullish View. I might be right I might be...
Tech meltdown provides an opportunity for rotation into undervalued sectors.
Three names show how fast biotechs can become oversold when the market acts in knee-jerk fashion.
I am not sure if this has broader consequences, but biotech (especially of a speculative -- kind) is spitting the bit, again today. I have already mentioned Allergan AGN (which I am buying now). Celgene CELG and Gilead Sciences GILD can't rally ei...
"She's a witch of trouble in electric blue, In her own mad mind she's in love with you. With you. Now what you gonna do? Strange brew, kill what's inside of you." -- Cream, Strange Brew Strange brew! You have probably forgotten October, 1987....
Allergan , a day ahead of its earnings release, is down by over $4 on no apparent news, save a rotation out of biotech. (iShares Nasdaq Biotechnology is -3% or -$7 and we see individual equity declines in Celgene , Gilead , Acadia Pharmaceuticals , ...