Friday, April 26, 2024

Tech and FANG Languish as Sentiment Shifts

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FANG seems to be losing its mojo along with the rest of tech as sentiment shifts in the market. FANG, if you don't know, stands...
Health Care Hammered as Investors Liquidate Safe Havens

Health Care Hammered as Investors Liquidate Safe Havens

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Health care stocks got slammed yesterday amid an apparent rotation away from "safe havens." The SPDR Health Care ETF (XLV) dropped 2.05 percent to its...

Big Banks and Netflix Surprise to the Upside: Earnings This Week

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Earnings season started on a strong foot as major banks reported surprising growth in their core businesses. JPMorgan Chase (JPM), Bank of America (BAC), Citigroup...

Massive Options Trade Looks for Bounce in Ailing Sector

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Health-care stocks have been lagging all year, but yesterday an options trader looked for quick a bounce. Check out the huge call spread in...

Is Biotech Quietly Breaking Out?

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Biotechnology stocks are trying to break out as investors await potential catalysts after Labor Day. The iShares Nasdaq Biotech ETF (IBB) has closed at new...
Market High on Aurora Cannabis as Peltz Joins Pot Grower

Market High on Aurora Cannabis as Peltz Joins Pot Grower

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Cannabis stocks have been on fire since last summer, and the buzz continued today as a major financier joined the industry. Early leader Tilray (TLRY)...
Cannabis Stocks Lagging Sharply as Bad News Piles Up

Cannabis Stocks Lagging Sharply as Bad News Piles Up

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The S&P 500 is pushing to new highs, but cannabis stocks aren't so lucky. Well known names like Canopy Growth (CGC), Cronos (CRON) and Aurora...
Bull in ring

Bullish Chart Patterns Across Big Pharma

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Everyone's been focused on the selloff in tech, but something more bullish may be happening in a forgotten corner of the market. Large pharmaceutical companies...
Bears Still Proliferating, and Not Just Because of Tariffs on China

Bears Still Proliferating, and Not Just Because of Tariffs on China

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Sentiment has swung sharply bearish this week. President Trump's tariffs on China are a big part of the story, but health care's another major...

Haves and Have Nots in the Health Care Sector

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Market Insights has covered the split between the new winners and losers in technology. Something similar seems to be underway in the health-care sector. Drug...
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