Today should be rather uneventful, however investors should be aware that Walgreen (WAG) has changed its name to Walgreen Boots Alliance (WAB). The ticker symbol has also changed, which will probably throw off track more than a few readers' stock watch lists. With the events that took place in Canada last night, investors might want to watch over the next 24 hours for any terrorism in key parts of the world as celebrations take place to usher in the New Year.
Markets will be closed tomorrow, but will see normalized trading resume on Friday. The week is set up nicely to end on a good note, assuming of course that Friday's economic data is good.
Chart of the Day:
One of the key questions investors will have to ask themselves in 2015 is which direction the Chinese stock market (Shanghai Composite) will move after such a strong 2014 which saw Chinese regulators open A-class shares to foreigners via Hong Kong in an effort to increase equity prices. This could be one of the three most important international stories for investors in 2015.
Source: CNBC
We have economic news today, and it is as follows:
- Initial Claims (8:30 a.m. EST): Est.: 290k Act.: 298k
The Asian markets are lower today:
- All Ordinaries - down 0.10%
- Shanghai Composite - up 2.15%
- Nikkei 225 - CLOSED
- NZSE 50 - down 0.16%
- Seoul Composite - CLOSED
In Europe, markets are higher today:
- CAC 40 - up 0.64%
- DAX - CLOSED
- FTSE 100 - up 0.29%
- OSE - down 0.97%
Buyer Beware
The biotech and small drug maker space is a very tough area to make money. In many instances one could compare this area of the stock market to the roulette wheel at a casino. This is not to say that research cannot be
