Merry Christmas
Merry Christmas
Merry Christmas
Merry Christmas
Stocks
Daily Energy Report
It’s difficult to say that yesterday’s rally and breakout above the 50-day MA in WTI and Brent will create an environment of bullish euphoria in the near-term, because the same conditions have played themselves out several times in the last two months.
The eResearch Clarion Letter
A clarion is a medieval trumpet that had clear, shrill tones. Trumpets were often uses to get people’s attention when making announcements. We are using “clarion” in the context of making announcements, as well as being thought-provoking when sharing our information and opinions with those who are interested in new investment ideas. Topic: Market Outlook 2013 After a down-turn into mid-November, global stock markets are putting in a
Acura Pharmaceuticals Soars for a Second Day; A Comprehensive Look at the Stock
Shares of small-cap biotech company Acura Pharmaceuticals (ACUR, quote) soared once again on Tuesday after a massive rally in the name during Monday’s trading session. The stock surged 42 percent and closed the day at $3.49. Acura opened the session at $2.49 and traded all the way up to $4.50 at one point in the morning.
Morning Coffee Break
U.S. stock indexes printed small gains yesterday as market participants begin to focus on the two day Federal Reserve meeting. Analysts are looking for policymakers to provide further monetary stimulus – QE4? However, the Fed watchers will also be watching for any signs of deal or lack of deal concerning the fiscal cliff.
Daily Energy Report
Energy Price Outlook Oil prices may trade lower in the near-term, as Monday’s action failed to respond to moderately favorable developments. There was support for yesterday’s trade given by the bottom of a rising channel pattern at $86.20 and from a recovery in economic data from China and Germany. However, an uninspiring trade in the stock market and a lack of progress in fiscal cliff talks added on to other
Mid-Day Market Update – Molycorp Pops, Cash Store Financial Services Commodities Crushed
Current market conditions – The Dow Jones (DIA, quote) trading up by 0.22% to 13184.08, S&P 500 (SPY, quote) is trading lower by 0.17% to 1420.47 and the NASDAQ (QQQ, quote) is trading down by 0.41% to 2990.28.
Morning Coffee Break
U.S. markets are coming off a meager up week with the Dow Jones and S&P 500 closes the in the green the last 3 session prior to the weekend. The NASDAQ, however, is having difficulties with its largest component Apple (AAPL, quote) continues to struggle.
Mid-Day Market Update – SandRidge Energy Soars, Big Lots Drop
Current market conditions – The Dow Jones (DIA, quote) trading up by 0.21% to 13101.07, S&P 500 (SPY, quote) is trading lower by 0.10% to 1421.51 and the NASDAQ (QQQ, quote) is trading down by 0.65% to 2969.88
Amarin Plunges After Announcing Financing and Plans to Hire Sales Staff
Shares of biotech firm Amarin (AMRN, quote) were crushed in after hours trading on Thursday after the company announced plans to raise $100 million in debt financing and to hire 250-300 sales reps to market its fish-oil drug Vascepa. The stock finished the after hours session down more than 18 percent at $9.75. Shares traded as low as $8.76 in the immediate aftermath of the announcement.
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