Biogen Stock Rallies (BIIB) On Alzheimer’s Drug Trial News
Biotech firm Biogen (BIIB) traded 20% higher on Friday morning, after announcing encouraging results for a phase 2 trial related to Alzheimer’s disease.
Biogen’s...
S&P 500 Market Breadth Moderates, Bulls Need A Surge
We follow market breadth to give us an indication about the health of the trend.
And since the market as been consolidating the past four...
Micron Stock (MU) Rebounds After China Ban, More Downside Likely
Micron Rebounds After China Bans Chips, But Market Cycles Say More Downside Looms
Micron Technology (NASDAQ:MU) traded 3% higher on Thursday morning, bouncing back after...
S&P 500 Futures Update: Fade The Bounce… Again?
Broad Stock Market Futures Trading Outlook for July 5, 2018
Neutral trading action from longer time frames hold the traders here as much remains in the...
Nikkei 225 Stock Market Rally Running Out Of Gas?
The Nikkei 225 rally off the 2009 lows ran into a wall in January.
The major Japanese stock market index has been pulling back ever...
S&P 500 Futures Trading Outlook: Buyers Step Up
Broad Stock Market Futures Trading Overview for July 3, 2018
Bulls are looking to capitalize on yesterday's recovery from important price support for the S&P...
U.S. Equities Trading Update: 3 Reasons To Be Optimistic
It's been a rough couple of weeks for stocks, seeing the S&P 500 (NYSEARCA:SPY) briefly break 2700 late last week.
And there is more weakness...
Nike Soars 12% But Stock Nearing Short-Term Resistance
Nike (NKE) traded 12% higher on Friday morning, after reporting earnings that beat Wall Street expectations. Year to date, NKE shares have increased nearly...
Is Gold Going To Break 16 Year Rising Trend Line?
Gold has been weak for the past several weeks.
So what gives?
Gold prices have been trading in a tightening wedge pattern (between its rising trend...
Walgreens Beats On Earnings But Soured By Amazon Acquisition
Walgreens Boots Alliance stock price (NYSE:WBA) traded -10% lower on Thursday morning, after Amazon announced that it had agreed to purchase online pharmacy PillPack.
After...
