Amgen Inc. (AMGN)
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- Wall Street Breakfast: Must-Know News [view article]
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loading ...Recent AMGN Articles
- 'When There's Blood in the Streets', Buy Biotech Stocks
- Hide in the Fetal Position - Fast Money Recap (10/2/08)
- Licensing Deal Is Imminent for ArQule
- Court Ruling Raises Concerns About Ariad's Conduct and Patents
- Roche Covets Genentech for Good Reason
- The Dow Adds Kraft
- Which Company Should Replace AIG in the Dow?
- Putting on the Moves - Fast Money Recap (9/15/08)
- Interview with Jamia Jasper, American Israeli Shared Values Capital Appreciation Fund
- Wall Street Breakfast: Must-Know News
- Full List of Articles »
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Wall Street Breakfast: Must-Know News [view article]
Eli, please respond to conversation thread re: after-hours trading. I am afrraid there is some misinformation in the well meaning responses to pilar and I may be misinformed as well. My understanding is that there is after hours trading occurring here (U.S.) and not just in global markets. I have been caught out in the cold when after hours earnings triggered after hours losses to this market. My research shows that mostly large institutions make block sells or buys by participating in after hours trades that are legally open to individual investors, but by ways not known to many of us. Thank you. ReplyWall Street Breakfast: Must-Know News [view article]
This would be more useful if it arrived before the market open! Yes, otherwise excellent.... ReplyA Biotech Bloom in July [view article]
Optiondragon, have you looked at the abuse deterrent technologies? Acura (ACUR) Pharmaceuticals has just completed a P3 on Acurox. NDA is expected before year end. They have many more in the pipeline and expect fast track FDA approval. ReplyWall Street Breakfast: Must-Know News [view article]
E trade will establish a global trading account for any customer. But you will find that transferring money in and out costs you about 2.5% in exchange fees plus a 20 buck commission at minimum on trades. ReplyWall Street Breakfast: Must-Know News [view article]
Thank you Eli...Always very informative...Mitch ReplyA Biotech Bloom in July [view article]
WACG- forggot about them....will add to my list and do analysis on release date for data but yes that should be a big mover too....thank you for the reminder. ReplyWall Street Breakfast: Must-Know News [view article]
To wholepicture; Thanks for the tutorial. I learned something this morning. And many thanks to Eli who makes all this possible. ReplyWall Street Breakfast: Must-Know News [view article]
Whole Picture:I have been reading about futures, trying to learn, and this explanation puts it all very simply. Thanks for all the typing! Reply
A Biotech Bloom in July [view article]
Obviously you have not been doing your homework. One of the biggest price catalysts coming down the pike are the Byetta LAR announcements from AMLN. ReplyWall Street Breakfast: Must-Know News [view article]
Pilar:Contact E-Trade directly to see what you need to do to have them allow you to trade in the overseas markets. THEY are your one and only reliable source of good information. Anyone else's views/opinions/advice are worth what you pay for them.. i.e. Nothing.
go out to Etrade.com and search for Overseas trading or send them an email asking about it.
(P.S. this advice also cost you nothing.)
Reply
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Wall Street Breakfast: Must-Know News [view article]
To Pilar:Except for the relatively few items being traded on multiple markets, stocks don't really "move" after extended trading hours. It is simply a case of supply and demand. Let's say a stock ends the day at $10 per share. After trading stops, let's assume some very bad news is published about the company. The next morning, when trading begins, no one in their right mind would enter a bid for $10. The best bid might be for $5, so that the first trade of the day was $5. The stock did not move overnight from $10 to $5. You did not lose out on a chance to trade on the way down after the news was released. There were simply no buyers as the price dropped from $10 to $5.
After saying that, there are some private markets (i.e., those used by larger institutions) that may be in after-market trading, but I am not sure that is the case. Regardless, the same rules apply -- the price does not move around in a linear fashion -- it jumps around based on available buyers and sellers.
A good example of where this can hurt you is with a stop loss price. Let's say you own a stock trading at $10. You want to protect yourself from any major losses, so you put in a stop loss order for $8. However, some bad news is released such that all buyers reduce their bids to $5 or less. Unless your broker was kind enough to "guarantee" your stop loss order (highly unlikely), your stop loss would be forced to sell at $5 because there are no available buyers at $8. The price jumped from $10 to $5 instantly.
This is one of the reasons businesses make announcements after trading stops. It allows all shareholders and potential investors equal access to information, so that the share price can adjust appropriately and the market open at a fair price given the new information. Reply
Wall Street Breakfast: Must-Know News [view article]
This is a meaningful start for the morning of markets. I have been upset for many years about excessive leverage and short sellers. Especially when we all know that noone knows who is doing it and how much is done. We need transparency at least and regulators who believe in free markets, not greedy markets. ReplyWall Street Breakfast: Must-Know News [view article]
1. deaverb, I totally agree with heaping praise on Eli. He is one of my first-thing-in-the-mor... reads, every day. Thank you, Eli.2. pilar, although I have not done it, I believe most brokerages allow pre-market trading. Like pilar, I would be very interested in hearing comments about experiences with e-trade's foreign trading capabilities. Thanks. Reply
Wall Street Breakfast: Must-Know News [view article]
Eli does it again, as always. I feel like Johnny One Note, but fear someone will get Eli to do something different. A wonderful way to start the day being put in the picture, especially the short stories and EPS reports (well, that's about everything; so I guess I like everything). ReplyBaltimore
Wall Street Breakfast: Must-Know News [view article]
THIS IS COMPLETELY UNRELATED, BUT CAN SOMEONE TELL ME WHAT MAKES STOCK PRICES MOVE PRIOR TO THE PRE-MARKET OPEN ?(BEFORE 8 A.M.) ARE PRICE CHANGES COMING FROM FOREIGN EXCHANGES? AND, IS THERE ANY WAY ( FOR ME OR YOU )TO TRADE AT 7 A.M.? USING, SAY, E TRADE, WHICH ALLOWS SOME FOREIGN EXCHANGE BUSINESS? Reply