Wednesday, April 24, 2024

Chart of the Day: This Drug Developer Rallied and Now It’s Pulled Back

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United Therapeutics spent more than a year consolidating around its 2015 highs. Now the biotech may be attempting a breakout. Notice the surge to new...

Takeovers, Approvals, Drug Data: Positive News Grows as Biotechs Hold March 2020 Lows

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Biotechnology stocks have pulled back dramatically, but positive news has been growing as the sector tries to stabilize at a historic level. Positive news has...

Stocks Keep Advancing as Economic, Inflation Hopes Draw Investors Back to the Market

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Stocks advanced again last week as inflation-wary investors keep inching back into the market. The S&P 500 rose 0.36 percent between Friday, July 29, and...

Health Care Leads New Highs as the Stock Market Recovers

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Something new happened in the stock market yesterday following a month of steady gains: some names are breaking out. Twenty three members of the S&P...

Stocks Pause Near Record Highs Before Inflation, Earnings

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Stocks are pulling back as traders wait for key inflation data and the start of earnings season. The S&P 500 fell 1.5 percent in the...

Technical Analysis: Potential Uptrend in DexCom

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Diabetes company DexCom has been fighting higher since June, and now it may be interesting to trend followers. The first pattern on today’s chart is...

Technical Analysis: Merck Could Be Breaking Out

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Merck surged in late 2022 and consolidated during the first quarter. Now the drug maker could be breaking out. The first pattern on today’s chart...
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