The biotech fallout is squarely on MYL’s hands and the stock price has paid… the price. Now could MYL be a buy? Here’s what I see from the technical side.
BMY has been reeling from a well-publicized drug failure.
We jumped about 100 points on the Dow in the morning and we’ve been in a tight range ever since.
There’s a good reason why we are here and we can start with the US Dollar
I’m not trying to make it all back, I’m just trying to make it to the end of the week.
The market is meandering higher this morning after some upbeat data sent the Dow up about 100 points. Financials are leading the way followed by Materials stocks.
If you were trying to get out of your Gold or Gold stocks, Friday morning was a gift from the trading gods.
PXD had a blistering rally occur in the past few months, but the indicators are encouraging at least a stop to this rally.
Basically it’s all about currencies and interest rates
I’d like to think that I can wake up every day and the world will be a better place. Then I hear another Britney Spears song on the radio. Sigh.
That’s the sound after those EIA oil inventory numbers came out yesterday,
That’s the answer to the question, “Just how much demand is there for gasoline?”
It’s come to this.
We’ve come so far and accomplished so little.