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Category Archives: AMGN

Biotechs Coming Alive: SPX, Nasdaq, MLNM, AMGN, OSIP, IMCL, PDLI, DNA, XBI, IBB, MTL

The market was stronger today, boosted by a rally in the biotech sector. The agricultural stocks also continued to show strength. In addition, steel stocks displayed solid performances. The Dow was up +54.72 points; SPX added +6.06 points; and Nasdaq gained +29.58 points. Here’s how the market looked at the close: BTK (biotech) jumped +4.81%, [...]

Market Forecast for Week of 10/8 (Part II): Sector Watch

HGX (housing) I am finding HGX interesting because its has caught its daily upper BB and is pushing it higher. The daily MAs are starting to turn up also. Personally, I’m not looking for specific plays in this sector. However, I do think it is useful to keep an eye on how the sector is [...]

Review 9/11/07: SPX, Nasdaq, AMGN, IMCL, EBAY

It was an “up, up, and up more” day!! This weekend, I said, “…we’ll need to see the market bounce pretty soon to get above the daily MAs to keep this recovery going.” With today’s buying actions, it looks like the bulls want to keep this recovery going! The Dow added more than +180 points; [...]