Skip navigation

Category Archives: BIIB

Market Makes Gains On Merger Deals: AIG, MIL, OSIP, INCY, MDVN, BIIB, ONXX, BMRN, HGSI, NFLX, BIDU, ISRG, PCLN, GLD, GOLD, AMZN

The market was very strong today, inspired by a few merger/acquisition deals.  This weekend, news reported that AIG was making a deal to sell its Asia-based life insurer AIA Group.  AIG was up +4.08% today.  This afternoon, it was confirmed that the British insurer Prudential PLC will acquire AIG’s Asian unit for $35 billion.  In [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, XLF, BTK

Last weekend, in my Market Forecast, I wrote, "For the new week, we are seeing mixed signals on the market again, which means the market needs more time to consolidate.  With the MACD turning lower, we could see another couple of days of profit-taking in various sectors.  It will be important for SPX to hold [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XME, XLF, SOXX, GLD

Last weekend, in my Market Forecast, I said, "For the new week, it looks like the market is trying to send the Fed a message before the FOMC meeting on Wednesday.  What the market is trying to show is the potential "double-dip" if the Fed pulls out liquidity measures too soon.  On Friday, the market will get the latest unemployment rate [...]

April Wrap-up!

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! April was not a particularly easy month for trading, as it was more of a consolidating month for the stock market.  SPX was tightly range-bound between about 815 and 875.  However, we traded carefully and scored a LOT of great trades.  V treated us really well.  [...]

What A Busy Week!!

It’s been a busy week!  We started out on a great day on Monday and ended with another good day on Friday.  Here are the closed trades for the week: April 17, 2009 09:36 | HappyTrading STI ($18.07) Sold to Close SFJEC May 15 calls, at $4.31 +100% 09:22 | HappyTrading STI ($17.92) Sold to [...]

Market Rests After Easter Rally! SPX, Nasdaq, GS, BIDU, TSL, GOOG, BIIB, ESRX, WLP, INTC

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Yesterday, in my Market Forecast, I mentioned that “[t]he market may be a bit hesitant on Monday after the powerful run-up last week.”  The market opened lower, but, fought its way back to the green, although the Dow still closed down.  Financials were strong once [...]

Commodity Sectors Bounce! SPX, Nasdaq, SNDA, BIIB, ISRG, GOOG, GS, VCLK, MOS, POT

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market was again volatile.  It was strong in the morning, but, fell back in the afternoon.  But, in the last half-hour, the market was able to rally and close in the green!  The breadth was pretty good.  Most sectors were up.  Even the financials [...]

Market Retreats!! SPX, Nasdaq, BIIB, ESI, APOL, MOS

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The stock market opened lower today and continue to slide until the close.  It seemed like profit-taking finally sped up a bit as the earnings season started.  BIIB bucked the trend today and closed up +5%.  There were rumors that BIIB could be a take-over [...]

Biotechs Lead The Market Higher! SPX, Nasdaq, MYGN, OSIP, BIIB, LLY, ISRG, HES, APA, XOM, ESI, APOL, GLD, AEM

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market rallied higher today, led by the biotechs.  MYGN reported better-than-expected earnings and propelled its shares to an 8-year high, up +17%!!  OSIP shares jumped more than +16% on positive results on its cancer drug, Tarceva.  BIIB was also among the solid gainers, adding [...]

Energy And Biotech Stocks Advance! SPX, Nasdaq, AMAG, BIIB, GENZ, OXY, HES, RIG

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market overcame afternoon weakness to close slightly higher.  Energy and biotech stocks were strong: AMAG +3.21%; BIIB +2.44%; GENZ +2.23%; OXY +3.57%; HES +3.39%; RIG +2.93%.  Financial stocks also bounced.  This morning, I said in the Trading Room: HappyTrading January 13, 2009 7:18 AMmarket things [...]