Short Sellers Boost Positions in Major Pharma
The September 15 short interest data have been compared with the previous figures, and for most of the selected pharmaceutical stocks, short interest has increased.
The September 15 short interest data have been compared with the previous figures, and for most of the selected pharmaceutical stocks, short interest has increased.
One positive from the hammering the pharmaceutical stocks have taken is the Merrill Lynch analysts say investors have been given a golden opportunity to buy the top companies at much better prices.
thinkstockSeptember 18, 2015: Markets opened lower on Friday as investors reacted to further uncertainty related to an interest rate hike. Fed Chairwoman Janet Yellen left the door open to an increase later…
thinkstockSeptember 15, 2015: Markets opened higher on Tuesday following early morning reports of an increase in retail sales and drops in both industrial production and in the Empire State manufacturing survey. Crude…
The short interest data have been released for the August 31 settlement date, and for the selected pharmaceutical stocks, short interest is mixed.
thinkstockSeptember 10, 2015: Markets opened lower on Thursday after a rather lackluster performance in Asia’s equity markets and more of the same in Europe. Initial claims for unemployment benefits were in line…
As in all outbreaks of volatility, there are islands of relative stability drowned out by the companies causing the loudest turbulence.
thinkstockAugust 31 2015: Markets opened lower on Monday, but even a massive rally in crude oil couldn’t keep the bears at bay. A somewhat vague bulletin from OPEC and an EIA report…
thinkstockAugust 26, 2015: Markets opened higher again on Wednesday and climbed to intra-day highs with about 1 hour left in the day’s trading session. That’s when everything went sour on Tuesday. The…
The August 14 short interest data have been compared with the previous figures, and for the selected pharmaceutical stocks, short interest is mixed.
ThinkstockTuesday turned out to be a seriously ugly day for the stock market. By some counts it was even uglier than Monday’s sloppy session due to how it closed on the lows…
thinkstockAugust 25, 2015: Markets opened higher on Tuesday and the markets quickly shook of the remaining effects of Monday’s tank job. WTI crude oil gained 2.8% ahead of Wednesday’s report on inventories,…
Some investors are looking at value stocks, and others are going defensive. The stocks that have limited business cycles are a great focus for investors in a time of worry.
thinkstockAugust 20, 2015: Markets opened lower on Thursday and things got worse from there. The bad news started in China, where equities lost 3.4% in Shanghai. Rumors that Greek Prime Minister Tsipras…
ThinkstockWith a very nervous market, and the end of summer doldrums upon us, it may be time to look for ideas that will make sense when the market heats back up in…