Fed Keeps Interest Rates Unchanged

The market traded mostly higher ahead of the FOMC announcement with Tech reversing course shortly after the opening bell. Better-than-expected earnings from FedEx (FDX) helped Transportation stocks with Eli Lilly (LLY) lifting the healthcare sector following news of another possible method for treating coronavirus beyond finding a vaccine.The major indexes got stronger, with Tech rebounding, […]

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Bulls Keep Grooving

The market finished higher on Tuesday with the blue-chip Dow giving up its early gains ahead of a policy update by the Federal Reserve. Tech led the upswing as the major indexes continued to rebound from last week’s selloff with 2 and 3-session winning streaks.Volatility remains a wild card as the bulls were unable to […]

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Extreme Option Profits Chart of Day…Vaxart, Inc. (VXRT)

Keep an eye on oversold shares of VXRT.  The stock is gaining momentum after receiving US FDA approval to test its experimental oral COVID-19 vaccine. “The IND clearance and the initiation of our Phase 1 clinical trial moves us a step closer to proving the superiority of our convenient oral COVID-19 solution in the clinic. We […]

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M&A News Propels Market Higher

The market showed strong gains on Monday following ongoing developments for a corona virus vaccine along with a slew of high profile merger & acquisitions news. Specially, AstraZeneca (AZN) announced clinical trials of its corona virus vaccine has resumed in the United Kingdom. The study was paused last week after one person in the trial […]

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Bears Get 2nd-Straight Weekly Win

The market showed less volatility on Friday while closing on both sides of the ledger with Tech and the small-caps tagging fresh weekly and monthly lows. The Russell 2000 joined the Nasdaq in closing below its 50-day moving average from the prior session and were the laggards.The Dow traded to an intraday high of 27,828 […]

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Bears Return to Push Lower Lows

Federal Reserve

The market showed some strength during the first half of Thursday’s session despite slightly disappointing news concerning initial jobless claims. The action worsened after Congress failed once again on a fresh stimulus bill with the major indexes falling for the 4th time over the past 5 sessions.The Nasdaq finished at 10,919 (-2%) following the late […]

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Extreme Option Profits Chart of Day…Trillium Therapeutics (TRIL)

At the moment, Trillium Therapeutics (TRIL) is up to $13.06 in pre-market, and could be headed higher.  All on news of a $25 million equity investment from Pfizer.In addition, according to the company it’s seeing an “impressive” safety profile of TTI-662, an antibody-like fusion protein for cancer.“We are exceedingly encouraged by the evolving profile of […]

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Bulls Snap 3-Session Slide

The market bounced back on Wednesday following a three-session selloff with the Nasdaq leading the charge higher. Tech had tumbled into correction territory following a cumulative 10% loss from last Wednesday’s high into Tuesday’s close, leaving the index ripe for bargain hunting. The overall gains were a relief but remains to be seen if it […]

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Bears Stay Aggressive as Nasdaq Closes Below 11K

U.S. markets

The market fell for the 3rd-straight session on Tuesday following a long 3-day holiday weekend with the lower lows being an ongoing bearish signal. Technology stocks and the sector led the downdraft with the Nasdaq and the Russell 2000 closing back below their 50-day moving averages.The Nasdaq settled at 10,847 (-4.1%) after tapping a session […]

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Bears Get Weekly Win

The market ended lower on Friday after rebounding sharply off the morning lows, capping a week that saw the major indexes hit new records and the tech-heavy Nasdaq logging its biggest one-day selloff since June. Volatility spiked to its highest levels since early June before closing lower and signaling a choppy trend heading into next […]

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