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    September 27, 2018

    There’s Possible New Hope For Lyme’s Disease

    The stock TTOO, T2 Biosystems Inc., was bullish in trading today. The stock was up over 6% towards the end of the session, primary due to news from Wednesday that the company’s diagnostic device for identifying borrelia infections for patients suspected of having early Lyme disease was indicated to be more accurate than other existing […]

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    September 27, 2018

    Looking For A Gap In GPS

    Watch for further action in financial stocks as investor digest the Fed’s interest hike announced on Wednesday. Its accompanying statement removed the language that the policy remains “accommodative.” Fed Chair Jerome Powell explains that the phrase’s “useful life was over.” Regarding trade, the Fed doesn’t see much effect from tariffs in economic data yet. The end […]

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    September 26, 2018

    Where is the Next Shoe Going to Drop?

    The trade war is really heating up and we have seen multiple industries hit.  One that we haven’t seen or heard much about yet is the retail sector. At this point, retail has been insulated from most of the tariff situation but if the rhetoric continues, watch out.  Wal Mart is a retail leader and […]

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    September 26, 2018

    The Woes of Timing Markets

    Back from Colorado and fresh off the redeye, I anxiously await the FED announcement. Fed Fund futures has an almost 100% probability of a hike today and a 70% chance in December. This will surely have chatter focus back on the yield curve and the future possibility of a recession. While that may be true, […]

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    September 26, 2018

    Let’s Get Things Squared Up

    The Federal Open Market Committee is expected to lift the federal funds rate by a quarter point to 2.25% when the central bank finishes its two-day meeting today. The central bank is looking to guide the U.S. economy in for a soft landing, with an eye on the gap between the inflation rate and the fed […]

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    September 25, 2018

    A Struggle Of A Day For the Biotechs

    There were big moves and subsequent pullbacks today for many biotech and healthcare stocks. Continuing the recent theme of inconsistent trading, most symbols struggled to maintain momentum throughout the session. AMRN, for example, was up very sharply at the open, moving up from around $12.00 to a high of $14.64, and then proceeding to give […]

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    September 25, 2018

    Maritime Stocks On the Move

    Ah, the good ole maritime names. These stocks have made headlines before. DRYS most notably but quite a few of them are making noise this week. SAEX was the big mover yesterday and the sector followed suit today. DRYS, EDRY, ESEA, TOPS and a few others made some nice “pops” today. While I am unsure […]

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    September 25, 2018

    A Boost On Deck For Medtronic

    China’s Vice Commerce Minister Wang Shouwen says the U.S. is putting “a knife to China’s neck” with the $200B in tariffs on Chinese goods that kicked in yesterday. During a press conference, Wang questioned how negotiations could proceed when “it’s not an equal negotiation” with the backdrop of “threats and pressure.” Wang accuses unnamed individuals of […]

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    September 24, 2018

    The Biotechs Did Not Know Which Way To Go Today

    We saw some strong moves up and down in the biotech/healthcare space today. One example is Fibrocell Science Inc. The stock was up over 10% towards the middle of the session due to rumors of an FDA contract. However, this has yet to be confirmed. Meanwhile, Spectrum Pharmaceuticals was down nearly 20% after releasing updated […]

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    September 24, 2018

    Weakness

    Today’s video discusses several reasons for Monday morning’s weakness, including a potential political problem. The video dovetails well with Friday’s post of the S&P 500 support and resistance levels (Hint – it’s on one right now).

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