So far most sectors opened above highs and couldn't hold them $spy failed to hold $202.45 and now broke the first hour lower pivot- with small pressure on tech:kan:$spy
We have an exciting week on tap, with two FDA AdComs. We are also awaiting twp PDUFA dates which occur next week, lets take a look:
NGSX / ASTX - Both of these companies have panels this week, which is interesting as both are up for sNDAs. This means the drug is already approved, but they are...
Global markets have been weak for the past couple of months, but one of the hardest hit markets has been China. Many investors have been concerned about the Chinese economy and the possibility that it could have a hard landing, due to rising interest rates and what some believe is a overheated...
I expect BEAR will come back tomorrow!
I might short the market if open not too bad.
I expect DOW might open down 150 handles already.
I will be BEAR tomorrow. I might buy NFLX as long to hedge my short positions.
Good luck guys.
Very busy on chart study those days.
:blowzy:
US stocks had a slight pullback on Friday after the large
gain in stock prices on Thursday. Fridays trading action
does not mean anything as far as direction or trend and
markets usually have a slight pullback after such big
gains as we saw on Thursday. The fact that the indexes
had...
US markets were nervous today after news quoted from
the United Kingdom that European finance ministers
were not scheduled to meet on Wednesday as was
previously circulated in the news. Expectations are
extremely high that a credible financial plan to rescue
Greece and stop the debt...