November 27, 2015 7:02am

Thers is more than a bit of Hamlet in "our' universe. With an abbreviated week, watch for many trader's buys but, a heavy flow of returns <sales>

A short version – I also needed a break! Subscription required: http://www.regmedinvestors.com/create-account

 

I say today what others won't, so you can do what others can't!

 

DOW futures are UP and DOWN at 0.0% and NASDAQ futures are UP +0.3%

 

U.S. stock futures are titling higher Friday, as investors shrugged off a plunge in Chinese equities as they get ready for a shortened post-holiday session.

European stocks fell Friday, pulling back from three-month highs, with mining shares feeling the weight from the worst rout in Chinese equities since late August.

Asian stocks closed sharply in the red, led by a heavy afternoon sell off in the Chinese market as brokerages tumbled after authorities launched probes for alleged violations of trading rules.

 

 

The RegMed sector closed POSITIVE on Wednesday, Tuesday, Monday and last Friday following Thursday’s Holiday.

The week in review is defined by the numbers:

·         Wednesday closed with 12 decliners, 29 advancers and 2 flat

·         Tuesday closed POSITIVE with 16 decliners, 23 advancers and 4 flats;

·         Monday closed Positive with 9 decliners, 32 advancers and 2 flats;

 

 

The stem, cell and gene therapy and regenerative medicine (SCGT&RM) sector is going nowhere fast as the month ends!

 

 

Markets seemed largely unratttled by a rout on the Shanghai Composite Index Friday, which came after Chinese stock regulators launched investigations into two major Chinese brokerages over suspected violations of securities rules.

  • Before the Thanksgiving break, U.S. stocks closed mixed in Wednesday’s thinly-traded session. The S&P 500 fell less than 1 point to 2,088.87. The Dow edged up 1.2 points to 17,813.39, and the NASDAQ rose 0.3% to 5,116.14;
  • Trading volumes should be light, as the markets are only open for a half-day after the closure for Thanksgiving Day holiday on Thursday.

 

 

The New York Stock Exchange and the NASDAQ will close at 1 p.m. ET, while the Securities Industry and Financial Markets Association is recommending a 2 p.m. ET closure for the bond market.

 

Friday’s indication …

  • ·         The constancy of divergence in the sector suggests “our’ universe is not finished with over-reactions whether by volatility, duress or just lifelessness!
  • ·         There's more analysis, homework and decision making to do for any sector ‘participant” position initiation or exit.  I’d be a seller, so I could come back – next t week as a buyer!

 

For the abbreviated week, the Dow was on track to rise 0.9%, and the S&P 500 was in line for a 0.5% advance. The NASDAQ looks like it may fare better, with a 1.2% rise.

 

 

Opinions expressed are those of the author and are subject to change, and not intended to be a forecast of future events, a guarantee of future results, nor investment advice.

Whether information or intelligence is good, bad or somewhere in between; I put into context what is relevant and useful for investors.

Henry McCusker, the editor and publisher of RegMed Investors does not hold or have positions in securities referred to in this publication.