Some interesting moves and data coming out of the ASCO abstracts. There are some questions answered with these abstracts, although more questions remain unanswered. I suspect that many of the.
Drug pricing will not go away and I think that is going to be true going forward. We should not expect it to go away and at this point, one.
The sector rallied yesterday and the market in general seems to be shrugging off the escalation in Syria last night. I am a little surprised in that we saw the.
It is certainly a slow start to the week. We should get a sense of the underlying strength of the sector this week as the large cap earnings are past.
There was a relative lull in the news yesterday and today but I would argue that the sector held up pretty well despite the GILD miss. That either means that.
It looks like the market is in dangerous territory but barring some exogenous shock (perhaps war between Iran and Israel as a potential source of shock), it seems more like.
There is a decent amount of news flow today, which makes sense given that I have little time to cover it all this morning. I will try and go through.
It is all about deal making it appears. We are getting closer to the earnings but deals are happening and might be happening or not happening as the case may.
We certainly seem to be moving away from the macro concerns to more sector specific issues, which is good to finally see. Of course, we are only one news cycle.
It is the calm before the storm and I hopefully mean the calm before the AACR and earnings season. We are not quite out of the woods yet on Syria.
Yesterday we were higher so obviously the whiplash has to continue with a red day today. The proximate cause of the weakness is concerns over Syria with Trump’s early morning.
I picked the wrong day to be out of the office. I thought the news will be in a lull before AACR picked up later this week. I guess I.
The market is a volatility machine. We went so long without any real volatility and now all we have a whiplash moves. In periods of these, the goal is to.
It has certainly been an interesting couple of days. It looked like the sector was toast Tuesday and then we end up not getting the follow through selling yesterday. Despite.
The market is going to bounce today and there are a number or proximate reasons. It could be the Stormy bottom. A dead cat, oversold bounce. A “maybe there will.
It seems like the market does not like 19th century economic policies, although I think it is likely more than simply the tariffs. The market has risen despite numerous political.
Sector is down, although it is not clear if that is the sector or the prospects of a trade war with China that is bringing down the whole market. Between.