Search Results for 'ISIS'
WhatsTrading.com Options Recap — 01/08/2013
Stock market averages fell on a slow news day Tuesday. Although Alcoa (AA) unofficially kicks off the earnings reporting season after the closing bell, the earnings calendar is relatively light until next week, when a number of big financials are slated to release results. Outside of a report on Consumer Credit this afternoon, the economic [...]
Isis Pharmaceuticals Inc (ISIS) $9.77 -4.87%
ISIS Pharmaceuticals (ISIS) is off 48 cents to $9.79 and seeing relative weakness today after a firm downgraded the stock and said there’s a 50 percent chance a panel will vote against approval of Kynamro. An advisory panel reviews the drug on 10/18. One player in the options market seems to share the bearish view, [...]
WhatsTrading.com Options Recap — 10/16/2012
Stock market averages are holding solid gains following a round of benign economic data. Before the opening bell, the Labor Department reported that the Consumer Price Index [CPI] ticked up .1 percent in September, which was half as much as expected. Industrial Production rebounded .4 percent after falling 1.4 percent in August. Meanwhile, NAHB said [...]
WhatsTrading.com Options Recap — 10/08/2012
Market action has been rangebound with a negative bias on Columbus Day. With government offices and the bond market closed, traders took their cue from action in overseas markets Monday morning. Hong Kong’s Hang Seng fell .9 percent after a one-week Chinese holiday and after the World Bank lowered its 2012 economic growth forecast for [...]
WhatsTrading.com Options Recap — 10/04/2012
Stock market averages are higher on hopes Central Bank easing will help stem the worldwide economic slowdown. The euro is up .75 percent and again testing 1.3 on the Buck after the European Central Bank concluded its policy meeting and ECB President Draghi vowed bond buybacks to help troubled Eurozone nations. In the US, focus [...]
WhatsTrading Options Recap — 09/21/2012
Stock market averages have traded in a narrow range on expiration Friday. With no domestic economic news to guide the action, some of the focus remains on Europe. Spain’s IBEX jumped 2 percent on reports a bailout plan will be unveiled on September 27. Bond yields in the debt-troubled country eased and most major European [...]
WhatsTrading.com Options Recap — 09/20/2012
Stock market averages have battled back from morning losses and action has turned mixed late-Thursday. Poor manufacturing data weighed on Asia’s equity markets and Japan’s Nikkei lost 1.6 percent to pace the decline. Then, European equity markets traded mostly lower on equally disappointing data as well. Spain’s IBEX gave back 1.9 percent and Italy’s MIB [...]
WhatsTrading.com Options Recap — 09/07/2012
The Dow and NASDAQ are under water heading into the final hour, but market breadth is net positive with basic material, energy and financials leading the S&P 500 to multi-year highs Friday. Advancers are outpacing decliners by a ratio of 2-to-1 on the Big Board, with 1950 NYSE stocks higher and 980 lower. The strength [...]
WhatsTrading.com Options Recap — 09/06/2012
Stock market averages are rallying around bullish economic news and optimism for the Eurozone Thursday. ADP reported this morning that the US economy added more than 200,000 private sector jobs last month, which was significantly better than the 143,000 estimates. Weekly jobless claims were also better-than-expected and the good jobs numbers come one day before [...]
WhatsTrading.com Options Recap — 09/04/2012
Stock market averages fell on disappointing economic news Tuesday morning, but trading has turned mixed heading into the final hour. A report released at 10:00 Eastern Time showed Construction Spending falling .9 percent in August. Economists were expecting a .5 percent increase. At the same time, ISM Index for August was down to 49.6. Economists [...]
