Content
All Posts > Content under Pharma/Biotech
US Stock Market Weekly Update April 20- April 24, 2020
Article By:
Stavros Georgiadis
Read
Sunday, April 26, 2020 6:26 AM EDT
Key economic data released during the week showed a continuing weakness in the US job market. Another 4.4 million Americans filed jobless claims in the week ended April 18, and this made the five-week total to more than 26 million.
Major Overhead Supply Ahead?
Article By:
Keith Schneider
Read
Sunday, April 26, 2020 5:03 AM EDT
Assuming things are still status quo and Kim Jong Un does not launch into the hereafter destabilizing North Korea, markets might have a bit more upside before hitting major overhead supply.
Cannabis Central: Pot Stock Index Up Again On Friday +1.8%
Article By:
Lorimer Wilson
Read
Sunday, April 26, 2020 4:13 AM EDT
The Non-penny Pot Stock Index tracks the 35 cannabis stocks that trade for +US$1/share and it was +1.8% on Friday. Here is the price performance of each constituent within each of the 9 categories that represent their primary area of focus.
Week In Review: Akeso Stages $335 Million HK IPO For Mono-/Bi-Specific Antibodies
Article By:
ChinaBio® Today
Read
Saturday, April 25, 2020 5:28 PM EDT
AkesoBio of Zhongshan staged a $335 million Hong Kong IPO to support its novel mono- and bi-specific antibodies, and climbed 50% higher in its first trading session.
Perspectives + Prospects - Saturday, April 25
Article By:
The Milwaukee Company
Read
Saturday, April 25, 2020 2:30 PM EDT
The U.S. stock market ended the week lower, as oil continues to plunge and coronavirus concerns linger. These concerns also sent interest rates lower, as the ten-year treasury yield fell from 0.65% last week, to 0.60% on April 24th.
Cannabis Central: Sector Was Up On Wednesday But Is Down 42.5% YTD
Article By:
Lorimer Wilson
Read
Thursday, April 23, 2020 4:00 AM EDT
The Non-penny Pot Stock Index tracks the 35 pot stocks that trade for +US$1/share. It was - 0.3% on Wednesday but is +6.9% so far in April (-19% YTD). The entire sector was +1.1% today but is -4.8% so far in April (-42% YTD).
Staying Long Against High-Frequency Traders
Article By:
James Gornick
Read
Wednesday, April 22, 2020 11:10 AM EDT
Time to send the message for the Institutional Investors to run back into ownership--long positions, and bring the bullish goring of the short-selling bears on $INO to break their trading funds within their banks.
Hong Kong Stock: YiChang HEC ChangJiang Pharmaceutical
Article By:
Andrew Stotz
Read
Wednesday, April 22, 2020 5:20 AM EDT
YiChang HEC ChangJiang Pharmaceutical Company Limited develops, manufactures, and sells pharmaceutical products in anti-virus, endocrine and metabolic diseases, and cardiovascular diseases.
Cannabis Central: Sector Was -1.3% On Tuesday Vs. +0.3% For New NPSI
Article By:
Lorimer Wilson
Read
Wednesday, April 22, 2020 3:37 AM EDT
The Non-penny Pot Stock Index tracks the 35 cannabis stocks that trade for +US$1/share and it advanced 0.3% on Tuesday. Below is how each constituent within each of the 9 categories that represent their primary area of focus in the cannabis industry.
Cannabis Central: Pot Stock Index Showed Surprising Strength On Monday Outperforming The TSX, Dow & Nasdaq
Article By:
Lorimer Wilson
Read
Tuesday, April 21, 2020 12:36 AM EDT
Non-penny Pot Stock Index (NPSI) tracks the 34 cannabis stocks that trade for +US$1/share and it outperformed all the major indexes for the first time in memory on Monday advancing 0.6%.
JMP Reiterates $191 Price Target On Esperion After Japan Partnership
Market Logic Can Be Confusing
Article By:
David Moenning
Read
Monday, April 20, 2020 12:53 PM EDT
Investors received a steady flow of really rotten news on many fronts last week. China's economy shrank by -6.8%. JPMorgan (JPM) CEO Jamie Dimon said we need to expect a "severe recession" as well as "meaningfully bad" credit card defaults.
Bulls Hiding In Large-Caps (In Just A Few Names); Conviction Lacking
Article By:
Paban Pandey
Read
Monday, April 20, 2020 1:55 AM EDT
Stocks have rallied massively since March lows, but bulls are essentially hiding in large-caps, and in just a few names within large-caps. If past is prelude, such over-reliance is not lasting.
