Trump advisers signal the knives are out for Bannon
Two senior Trump advisers — one inside the White House and another who recently departed — signaled Sunday that the knives are out for Steve Bannon, President Donald Trump’s controversial chief strategist. The comments come as a source inside the White House tells CNN that White House chief of staff John Kelly has soured on […]
Geopolitical Concerns Lead To Sell-Off On Wall Street – U.S. Commentary
Adding to the modest losses posted in the two previous sessions, stocks moved sharply lower over the course of the trading day on Thursday. With the sell-off on the day, the Nasdaq and the S&P 500 fell to their lowest closing levels in a month. The major averages ended the session just off their worst […]
Biotech Stocks On Verge Of Next Major Move Up
The biotech sector could be on the verge of its next major leg higher. The key catalyst could be Vertex Pharmaceuticals Inc. (VRTX) and positive news on its latest Cystic Fibrosis data. As of July 19, the iShares Nasdaq Biotechnology ETF (IBB), a proxy for the biotech stocks, is sitting right at resistance around $320. […]