October was a tough month for stocks, and so far, November hasn’t been much better. Everything from FANG stocks, to strong stocks like Apple (NASDAQ: AAPL), to marijuana stocks, and even oil have struggled recently. While it has felt like there’s no where to hide with everything falling, some stocks have fallen into bargain territory […]
Read MoreWe all know Jim Cramer. CNBC’s “Mad Money” host and outspoken commentator said Monday—a day that saw the Dow fall 600 points, and a retreat for oil—that the market is in “a very serious correction” that has been underscored by the fact that there aren’t very many fundamental reasons why everything is heading downward. “The […]
Read MoreNektar Therapeutics (NASDAQ: NKTR) has been on a rollercoaster ride. Between March 2017 and March 2018, the stock rose more than 600%. Since then however, it has fallen -65%. The commercial-stage biotech fell -36.5% in October alone as investors lost faith in the stock. So what happened? Earlier this year, Bristol-Myers Squibb (NYSE: BMY) shelled […]
Read MoreThis morning as the market opened, I was watching CNBC and scrolling through market headlines on my phone as I usually do, trying to get a sense for what the day’s drivers might be. A couple of headlines caught my attention because they were effective at using attention-grabbing words; if you’re a little attention deficit-oriented […]
Read MoreThe stock market has seen a lot of turmoil and turbulence since the beginning of October, with all three major indices touching, or coming very near to the 10% level that most technicians consider correction territory. What you may or may not be aware of, however is that at nearly the same time the stock […]
Read MoreApple Inc. (AAPL) is one of the biggest companies in the world; in August of this year, with the stock pushing nicely above $200 per share, they were the first company in the modern era to officially cross the $1 trillion dollar threshold. And over the last ten years, it is without a doubt one […]
Read MoreIf you were watching the market sell off again yesterday, you probably started to wonder as I did if the market was really starting to follow through on the bearish sentiment that drove it back into correction territory for the Dow and the NASDAQ. The S&P plunged nearly 2% amid worries that the entire tech […]
Read MoreThroughout most of this year, semiconductors have been perhaps the most distressed sector of the market. Before bottoming at the end of the October, the sector had dropped a little over 21% from its high point in mid-March as measured by the iShares Semiconductor ETF (SOXX), and is still down nearly 15% as of Thursday’s […]
Read MoreOctober was a rough month for the stock market, proven by the decline of the NASDAQ and Dow Jones Industrial Average into clear correction territory, while the S&P 500 halted its own slide just shy of that mark. It was enough to put a lot of investors and analysts on edge and start to wonder […]
Read MoreYesterday marked another volatile day in the stock market, as the major indices posted big losses during the trading session – the Dow, for example bottomed out about 500 points below Monday’s close – but managed to claw back late to finish about .5% lower for the day. The market was chewing on a new […]
Read More