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Market Slogging Despite Solid Tech Earnings (ORCL, RIMM, ACN, BMO, MI, ITMN, UHAL)

Posted by Geoff Seiler at 5:00PM on December 17th

Stocks closed out the week mixed, as solid earnings results from Oracle (ORCL) and Research in Motion (RIMM) were unable to lift the broader market. Right now, the market just seems to be slogging around, although overall the major market averages have…

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Biotech Bounce Sends Some Winners Up 10% or More (CTIC, RPRX, CYCC, DCTH, XOMA, AGEN, HALO, AMRN, NBIX, IDIX, ITMN, ALTUQ, GNVC)

Posted by Jason Smith at 12:04PM on June 11th

Seattle-based cancer treatment firm Cell Therapeutics (CTIC) soared higher by more than 20% on Friday after the company announced positive data from its Pixuvri trial in patients with relapsed or refractory, aggressive non-Hodgkin’s lymphoma. According to the press release, patients who…

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The Pro’s Favorite Small Caps (TNS, RCNI, SVNT, EXXI, MDVN, ITMN, YRCW)

Posted by Max Magee at 12:04PM on June 10th

Many Pro investors, thanks to the large sums of money they invest, tend to favor big cap stocks. The benefits here are two-fold, as it’s much easier to move large sums of money in and out of big-cap stocks, and…

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FDA Disappointment, Earnings Send Biotech Shares Plummeting (ARIA, ALTUQ, GILD, AMGN, DNDN, CELG, ITMN, ONXX, SGMO, CRXX, VVUS, MRK)

Posted by Jason Smith at 2:58PM on May 5th

Interune (ITMN) is off by more than -70% today after the FDA said the firm would have to run another clinical trial before the company’s Esbriet lung-disease treatment could be considered for approval. Traders were active in the stock, sending volume…

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Are Insiders Signalling Another Pullback? (JCG, PSS, BF.B, ABT, FACT, BIIB, ITMN)

Posted by Geoff Seiler at 5:03PM on March 10th

While the market continues its rally, corporate insiders have responded by pressing the sell button. According to InsiderScore.com, which tracks and provides analytics for insider trading activity to institutional clients, insider selling accelerated across all market-cap groups and sectors last…

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The All Important Caveat to Friday’s Jobs Report

Posted by Geoff Seiler at 4:44PM on March 5th

A smaller-than-expected drop in payrolls last month buoyed stocks today. The report was even more surprising considering that there was a fear that the severe weather throughout much of the country would negatively impact the number. It still wasn’t a…

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