August 24, 2017 5:46pm
Price actions scare me with many welcomed yet some questioned
There are just too many divergences re pricing performance
Since we’re headed or back into overbought territory … where was the news support?
A concerning signal?
It’s called premium content for a reason … I define insight from a real-time perspective discussing equity share pricing, attractiveness and support levels as stock pricing changes by the hour … if not the minute!
Others don’t even come close!
I answer one question, in which company should investors commit and keep their money.
Thursday’s results have implications to Friday’s sector activity as a daily report may say little or a lot and it serves as insurance that all indications are being examined and evaluated!
Henry’omics:
From the pre-open’s investor’s newsletter, “… I just don’t see it … Although my eyes are open, my ears are flapping but, my fingers aren’t moving to any ticket indication. Not all cell therapy stocks … exist or even trade alike…
I missed the signal, if there was one … but, I am sticking to My Wednesday’s statements …
· “With so many uncertainties weighing on sector equities due to their being overvalued one day and undervalued the next; I am a bit perplexed that we saw an upward movement today.”
· Volume is still very low but, driving the pick-up as share pricing jumps and the advance/decline lines are SLIGHTLY balanced to the upside
· Speculation is running rampart as low volume upticks can quickly become downdrafts!
Momentum is ruling the day and shorting into this upside is where many will go … based on week’s past and the month’s activity!
My opinion to read after missing today’s move but … I am usually EARLY!
The advance/decline line scenario of 43 SCGT & RT covered companies:
· The first hour was positive with an A/DL of 21/18 and 4 flats;
· The mid-day was positive with an A/DL of 26/12 and 5 flat;
· The close was positive with an A/DL of 26/11 and 6 flat;
Regenerative Medicine Earnings Scorecard - Q2/2017 - to date – so far
http://www.regmedinvestors.com/articles/9841
Daily analytics:
U.S. stock-market indexes closed slightly lower Thursday, after spending most of the session without clear direction.
· The S&P 500 closed 5.07 points, or 0.2%, lower at 2,438.97.
· The NASDAQ closed 7.08 points, or 0.1% lower, at 6,271.33.
· The Dow lost 28.69 points, or 0.1%, to 21,783.40.
The CBOE Volatility Index (VIX) widely considered the best gauge of fear in the market; Thursday traded 12.23, down -0.16% …
- Wednesday traded at 11.91, up +4.93% … after Tuesday traded at 11.40, down -13.57% after Monday traded at 13.08, down -7.57% … Friday traded 14.22, down -8.55% and last Thursday traded 15.55, up +32.45%
Welcome to another day of the sector’s roller coaster …
… The iShares Russell 2000 (IWM) indicated:
· Thursday was up +0.32%
· Wednesday -0.18%
· Tuesday+1.08%
· Monday -0.04%
· Friday -0.03%
· Last Thursday -1.80%
… The iShares NASDAQ Biotechnology (IBB) indicated:
· Thursday was up +1.20%
· Wednesday -0.44%
· Tuesday +1.92%
· Monday +0.20%
· Friday -0.25%
· Last Thursday -1.70%
The count - decliners versus gainers:
……. look at the differences in the spreads as decliners jump and %
· Thursday’s decliners ranged from -1.35% <RENE.L -$0.025> to -9.78% <IMUC -$0.04> in 11 equities;
· Wednesday’s decliners ranged from -0.31% <CYTX -$0.001> to -5.13% <RENE.L -$0.10> in 18 equities;
· Tuesday’s decliners ranged from -0.57% <HSGX -$0.01> to -5.27% <BSTG -$0.0148> in 11 equities;
· Monday’s decliners ranged from -0.30% <IMUC -$0.001> to -6.75% <NWBO -$0.0135> in 20 equities;
· Friday’s decliners ranged from -0.13% <OPXA -$0.001> to -13.01% <BSTG -$0.04> in 23 equities;
· Last Thursday’s decliners ranged from -0.48% <BCLI> to -9.71% <RGNX> in 30 equities;
Versus
… Look at the percentage’s (%) and spreads …
· Thursday’s gainers ranged from +0.60% <HSGX +$0.01> to +9.09% <ADVM +$0.23> in 26 equities;
· Wednesdays gainers ranged from +0.08% <CLLS +$0.02> to +25.24% <BSTG +$0.067> in 21 equities;
· Tuesday’s gainers ranged from +0.33% <OSIR +$0.02> to +20.25% <OPXA +$0.16> in 28 equities;
· Monday’s gainers ranged from +0.22% <BLUE +$0.20> to +5.74% <OPXA +$0.04> in 14 equities;
· Friday’s gainers ranged from +0.48% <BCLI +$0.02> to +9.89% <NWBO -$0.02> in 17 equities;
· Last Thursday’s gainers ranged from +0.23% <QURE> to +14.33% <IMUC> in 9 equities;
Some of MY working trend lines or indications:
… The greatest volume to the downside: BSTG, IMUC, MDXG, VSTM and BLFS
… Upside volume was weighted to: JUNO, BLCM, KITE, XON and SGMO
… Biggest $ downside: MDXG, BLFS, VSTM, MESO and KOOL
… Largest $ upside: BLUE, ONCE, KITE, JUNO and BLCM
… Flat: ISCO, ATHX, NWBO, VCEL, AGTC and CAPR
Opinions expressed are those of the author and are
