|Day Low/High||47.71 / 48.67|
|52 Wk Low/High||44.30 / 63.69|
It is often better advice just to sit on your hands because we know from yesterday that any rally is suspect or ephemeral at best.
After a sideways consolidation, look to add to this drug maker.
We have seen this pattern many times in the last few months, and it is a surreal pattern for traders.
* Thus far, my expectation of an "inside day" has been accurate. SPDR S&P 500 ETF has traded in a fifty cent range most of the day. * Bonds are at the day's highs. +$0.88. Yield on the 10-year U.S. note is down by 3.5 basis points to 2.32% (where y...
The Nasdaq (QQQs) turn slightly negative as most of the FANGs reverse lower. Retail, generics (Teva and Mylan ), big pharma (Merck and Bristol-Myers Squibb ) and biotech (Allergan , Gilead Sciences , Celgene ) are conspicuous to the downside. Co...
In terms of sector price movement today: * FANGs continue to extend recent gains. * Retail has picked up a bid late in the day. Walmart Dillard's and Foot Locker are upside features. * Big Pharma stronger -- led by Merck ,Bristol-Myers Squibb , Lil...
There is strong support just below the market for drug giant.
It depends on which aisle of the stock market you're on.
An observation: Despite being within 1% of the all-time high in the S&P Index, this week's feature was a number of investment potholes --relatively large sized individual fundamental disappointments followed by marked stock price drops. Celgene , B...
What was dangerous is now safe, what was safe is now risky.
The forces that artificially impacted the marketplace return to normal; so will the marketplace itself.
There's something happening here What it is ain't exactly clear There's a man with a gun over there Telling me I got to beware -- Buffalo Springfield, For What Its Worth Few longs meet my standards and I now believe risk exceeds reward (S&P kind) by...
Treasury secretary says it's baked into the market, but is anyone really counting on it?
Investors rolled into shares of Apple in September, according to TD Ameritrade, but took profits on shares of Bristol-Myers and Pfizer shares.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer weighs in on Friday's trending stocks including Costco, Disney, Netflix and Nvidia.
Eli Lilly is a holding of Jim Cramer's charitable trust, Action Alerts PLUS.
It could be all machine-to-machine and not much more than that.
The indices may need a rest, but stock-pickers have an edge.
Prices have test $60 several times, but this looks like the real deal.
We are also seeing some stocks that are just too strong for their own good.
Our strategy has captured some time decay on the short call and a lift on the long call side.
The market's issues run deep and my concerns about its health are based on both technical and fundamental grounds.