Everybody wants their own checkpoint inhibitor, or so it may seem. Now that the biology is thoroughly understood, we’re seeing a second wave of late-stage programs taking shape — each with their own niche markets in mind for disruption – and today, you can add Beijing-based BeiGene (BGNE) to that list. Written by John Carroll (ENDpts.com) BeiGene’s goal here is to use a Phase II trial to push through the first PD-1 checkpoint approval in China (BeiGene isn’t limiting its focus on China; they plan to broaden approvals beyond China’s boundaries as they expand their geographic focus), which has seen a groundswell of R&D at a ...
Summary 96% technical buy signals 17 new highs and up 24.87% in the last month 5 Wall Street analysts rated it a strong buy The Chart of the Day belongs to Ooma Inc (OOMA). I found the computer communications stock by using Barchart to sort today’s Top Stocks to Own list first by the most frequent number of new highs in the that last month, then again for technical buy signals of 80% or more. Since the Trend Spotter signaled a buy on 4/4 the stock gained 15.87%. Ooma, Inc. provides communications solutions and other connected services to small business, home and mobile users. The Company’s products include Ooma Office fo...
Investors were cautious ahead of the first round of the French Presidential elections ending next week. A fall in crude oil prices amidst oversupply concerns also adversely affected Global markets last week. Crude prices fell by 6.4% last week on growing concerns over increasing U.S production affecting OPEC’s attempts to reduce the global oil shortage. US Markets ended 0.5% higher this week. UK markets ended lower by 2.6% this week after the Government’s surprise call for a national election on Tuesday. Prime Minister Theresa May called for an early vote on June 8, causing equity markets to fall. Retail sales in UK on Friday show...
While sales of 4K television sets are spiking, broadcast capabilities are lagging. The irony here is rich. For traditional distributors (cable providers and satellite distributors) to offer higher-quality formats, often they must take on major capital expenditures, upgrading gear throughout the signal chain. For an Over The Top (OTT) provider to offer 4K, all they have to do is consume more bandwidth. The come-from-behind for OTT on quality began years ago, when Netflix (NFLX) announced it would begin streaming selected content in HD. As bandwidth improved, Netflix and Amazon (AMZN) soon matched or exceeded the picture quality of cable and sa...
With 18 branded drugs on the line, patent losses this year could jeopardize $26.5 billion in annual sales from Big Pharma, projected to be the biggest fall-off until at least 2025, according to Bernstein analyst Tim Anderson…Which companies are at risk? [Read on.] Written by Eric Sagonowsky (FiercePharma.com) This year’s potential patent expiry damage is much more daunting than 2015 and 2016, when only 4 and 9 meds from companies in Bernstein’s coverage lost exclusivity, respectively. Anticipated expirations for 2017 include: Roche’s Rituxan, GSK’s Advair, Eli Lilly’s Humalog and Cialis, AstraZeneca’s Byetta, Pfi...
Fundamental Forecast for JPY: Bearish The Bank of Japan Governor could not have been clearer: there’s no end in sight for accommodative monetary policy. Japan’s economy is looking healthier but inflation remains benign. Speaking in Washington Friday, Bank of Japan Governor Haruhiko Kuroda had a simple message: the current pace of quantitative and qualitative easing, or QQE, is set to continue indefinitely and there’s no chance of Japan’s monetary stimulus program being cut back any time soon. “The BoJ will continue its ultra-easy monetary policy to achieve its 2% inflation target at the earliest date possible,” he said. Kuroda’...
There’s a lot to like about what you’ll read at the end of this post from Bloomberg’s Cameron Crise. You’ll note that everything he says has been variously discussed in these pages exhaustively over the past several weeks. There’s the “gridlock” problem, there’s a reminder about how quickly this market has learned to BTFD on potentially destabilizing geopolitical outcomes, there’s a nod to the hedging that’s readily apparent in FX and equities, there’s a mention of the fact that FX is going to be the only means by which traders can express a knee-jerk reaction, and there’s the contention that no one should panic. All...
The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: the JPY (4X) with the GBP(4X). The weaker currencies are the CAD(4X) followed by the AUD(2X) with the EUR(2X). A nice combination for coming week may be e.g: CAD/JPY with the GBP/AUD GBP/CAD with the EUR/JPY AUD/JPY with the GBP/CAD Ranking and Rating list Analysis based on TA charts for all the major currency pairs. Every week the Forex ranking rating list will be prepared for the weekend. All the relevant Time Frames will be analyzed and the ATR and Pip value will be set. For analyzing the best pairs t...
Utility stocks are a haven for investors seeking reliable dividend income. Utilities became known as “widow and orphan” stocks, meaning they were extremely safe investments. Southern Company (SO) is a very high-quality utility dividend stock. It is a Dividend Achiever, a group of 265 stocks with 10+ years of consecutive dividend increases. Meanwhile, Exelon (EXC) is also a dividend-paying utility. It has a solid 3.7% dividend yield, and the company recently raised its dividend. Southern and Exelon look like similar stocks—but looks can be deceiving. Utility stocks are not all created equal. This article will discuss three reasons why...
Overwhelming defensive fears combined with weak oil, to deliver Friday defensive, if indecisive, behavior, very much in line with our idea of fake-out nominal moves above the 50-Day. These have minimal sustainability since they are primarily a series of short squeezes, which never warrant the ‘hurry what do we buy’ stock market pitches that come right-back to the fore after each such breakdown. This market is pretty-much nervously ‘still on-hold’. Of course three major pieces of Legislation are possibly forthcoming in the week ahead and that weighed on the trading swings this week (rapidly and in both directions ...