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Category Archives: SVNT


Biotechs Jump On IMCL: SPX, Nasdaq, BMY, IMCL, CELG, OSIP, SVNT, ACOR, THOR, CNX, FSLR

Today, the market was pretty much all about the biotechs! This morning, BMY announced its intention to buy IMCL for $60/share. The news inspired a jump in the whole biotech sector. BMY shares traded down 1.81% and IMCL shares jumped +37.66%! CELG added +1.85%; OSIP hopped +5.34%; SVNT advanced +2.78%; and […]

Oil Falls, Financials Jump! SPX, Nasdaq, MA, MER, PRU, CELG, SVNT, BIIB, GENZ, AA

The market started out flat, but, continued to gain strength through out the day. Oil fell again, by more than $5 today. The financials reversed their morning weakness and led the market up straight to the close. XLF jumped +6.48% and closed above $20 (the support level that we’ve been looking at). […]

Another Failed Rally: SPX, Nasdaq, YHOO, MSFT, BIDU, AAPL, GS, STI, PRU, MA, SVNT, CELG

The market started out cheerfully, with techs leading the way. MSFT today said that it would reopen talks to buy YHOO if a new board is elected. YHOO jumped +12%!! BIDU also did well, adding almost $12. AAPL looked strong as well, gaining almost +3%.
But, the financials stayed weak, and, soon […]