NASDAQ Biotechnology Index Chart for 1 year 9/3/2010 (Irvine, California) Today StockRing.com analyzed 136 stocks from NASDAQ Biotechnology Index and found that
10%
or 13
got a SELL rating.
Only 57%
or 78 stocks got a
BUY rating, while
another 33%
or 45 stocks got a
HOLD rating out of all stocks from NASDAQ Biotechnology Index.
Current Market outlook is extremely negative and we anticipate further market declines across all US
and most World stocks market indexes. According to our model the government would not be able
to compensate the market with enough liquidity to achieve normal operations. This would lead to
even more declines in all major stock market sectors.
By the way, StockRing found 2
stocks with SUPER SELL rating and
24 stocks with
SUPER BUY rating.
People who will suffer the most will be the owners of mutual fund shares.
According to our scenario mutual funds will not be able quickly exit from their rapidly
declining positions and would have to bear the most losses from more active players on
the market. Also, a few very well organized stock market players are trading a lot in stock
options and are securing currently very high prices for a lot of stocks while anticipating a
major decline in their share prices. In the recent year the most profitable strategy was buying
put options on all major stocks that consistently declined all year long from S&P 500 index in 2008.
At this time
StockRing recommends to buy SHORT positions on many stocks from S&P 500 Index stocks that currently have a
SELL or
SUPER SELL rating.
If you decide to take a LONG position and actually buy some stocks right now - please check the section of S&P 500 index stocks that have
a BUY or
SUPER BUY rating.
If you would like to receive Buy-Sell-Hold ratings specifically for your stocks and not just for stocks from
S&P 500 Index, then please
register for a Free 2 week trial with StockRing.com and begin receiving
your weekly reports with Buy-Sell-Hold ratings for all your stocks!
StockRing will completely automate your investment steps and quickly calculate which stocks you should SELL
right now and which ones to BUY. All
you have to do is sit and watch how StockRing software will manage and grow your invested wealth.
9/3/2010 StockRing Business News about NASDAQ-BIO Stock Market Index
Genzyme's Termeer, Biotechnology Pioneer, May Sell Bloomberg Termeer also discusses the prospects for Genzyme and the biotechnology industry. (Source: Bloomberg) Henri Termeer, a biotech industry pioneer and chief ...
Celldex plunges; drug stock indexes climb MarketWatch BOSTON (MarketWatch) -- Celldex Therapeutics shares plunged in early trading Friday after the biotech group announced ...
PROT, CAH, ENOC Stock Report From BestOtc.com Penny Stock Live (blog) PROT, a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives, announced recently that Mr. ...
August's Biggest Biotech Winners Forbes (blog) This list is based on stock data from FactSet, and includes companies must be publicly traded on the Nasdaq or the New York Stock Exchange and have had a ...
Exelixis Officers Accumulate Stock Wall Street Journal The insider purchases are the first at the California development-stage biotechnology company in almost two years, according to data from ...
Volume Hunter: Diet Stocks Lift Biotech The biotech sector was mixed on Thursday, but isolated stories sent select players soaring on notable volume spikes.
Celsion Receives SBIR Grant To Expand Its Technology Platform Celsion Corporation (Nasdaq: CLSN), a biotechnology drug development company, announced that it has been awarded a competitive Phase I Small Business Innovation and Research (SBIR) grant from the National Institutes of Health (NIH), to support the proposal, "New Thermal Sensitive Carboplatin Liposomes for Cancer". This funding will support the Company's efforts to develop its proprietary heat ...
Biotech Pioneer Who Priced World's Most Expensive Drugs Loses Genzyme Grip Henri Termeer , a biotech industry pioneer and chief executive officer at Genzyme Corp ., is on the verge of losing control of a company he transformed from a start-up in 1983 into a cutting-edge drugmaker with $4.5 billion in annual sales.
Gleacher & Company Welcomes Another Addition to Equity Healthcare Team NEW YORK--(BUSINESS WIRE)--Gleacher & Company Securities, Inc., a broker-dealer subsidiary of Gleacher & Company, Inc. (Nasdaq: GLCH), today announced another addition to its Healthcare Research team with the hiring of Ying Huang. Mr. Huang joins Gleacher & Company from Credit Suisse where he covered Biotechnology companies across all market capitalizations. Prior to working on Wall Street, Mr ...
BRINAVESS™ (vernakalant) For Infusion Approved In The European Union For Rapid Conversion Of Recent Onset Atrial ... Merck (known as MSD outside the United States and Canada) (NYSE:MRK) and Cardiome Pharma Corp. (NASDAQ: CRME/ TSX: COM) announced that the intravenous (IV) formulation of BRINAVESS™ (vernakalant) has been granted marketing approval in the European Union (EU), Iceland and Norway for the rapid conversion of recent onset atrial fibrillation (AF) to sinus rhythm in adults: for non-surgery patients ...
CaPre drug candidate shows promising result on CRP level reduction Acasti Pharma Inc., a subsidiary of Neptune Technologies & Bioressources Inc. reports significant results on the effects of its anti-dyslipidemic investigational drug candidate CaPre on C-reactive protein (CRP) levels, a biomarker of CardioVascular Disease risk (CVD) and associated with diabetes and obesity.
Marina Biotech Announces Allowance of Fundamental RNAi Delivery Patent From U.S. Patent Office BOTHELL, WA--(Marketwire - 08/30/10) - Marina Biotech, Inc. (NASDAQ: MRNA - News ), a leading RNAi-based drug discovery and development company, today announced that the U.S. Patent and Trademark Office has issued a Notice of Allowance for patent application U.S. 11/745,003 broadly covering amphoteric liposomal formulations, including the Company's proprietary SMARTICLES technology, for delivery ...
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