Novartis AG (NVS) was down sharply at the middle of the session after an FDA warning. The company’s drug, GILENYA, was warned to cause severe worsening of M.S. symptoms once a patient discontinues use of the treatment. This caused the stock to drop sharply from just above $89 to nearly $86. The stock closed the […]
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Tesaro (TSRO) spiked sharply in trading today after news that the company canceled an upcoming conference. The cancellation of the upcoming investor conference is seen as potential evidence that the company might be in the process of completing a merger. If this is the case, then shares are likely to head significantly higher if a […]
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Traders love to trade! That’s why we sit in front of our trading stations for hours upon end. So, the common thought process is “if I am here, I should be trading”. That could not be further from the truth. Here is a video where we discuss this essential trading psychology topic.
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The equity markets are even more reserved today, as we are awaiting the outcome of the US midterm elections. The results will inevitably have a pronounced impact on the equity markets going forward, but we probably won’t see great volatility until tomorrow’s open. One stock that was very active today is Invacare Corp, which was […]
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