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Daily Archives: July 27th, 2008

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, USO, XLE, GLD, XME, MOO

Last week, the market was able to rally above the daily MAs before seeing a sharp, profit-taking session on Thursday. On Friday, the market was able to poise itself with minor gains and the techs leading.
SPX

SPX added +5.22 points to close at 1257.76. It closed pretty much right at the 20-day […]

Three Earnings Catalysts To Watch On Monday! (ALXN, HGR, GTI)

Submitted By Optiondragon
The Genius Of Picasso

Earnings has been in full force for the past couple weeks and the big names have mostly reported but I pride myself on finding relative unknown earnings plays in the second half of earnings season…well I’m about to let the cat outta the bag on three right now. ALXN, […]

A BIOTECH BLOOM IN JULY. (IBB, BBH, XBI, DNA, AMGN, OSIP, ONXX, CELG, GILD, IMCL, VRTX, CMED, AUXL, ACOR, SVNT, SQNM, MDVN, GTXI, MYGN, ALXN, UTHR)

Submitted By Optiondragon and Biotechman
Fast-Tracking Cancer Drugs (CBS News)

The best performing sector in the past month has been biotech. With investors flocking to safety due to recent financial turmoil and the sharp correction in energy, funds and investors have been warming up to biotech. The biotech sector is not without its large risks […]