Buying beaten down biotech stocks is a strategy I focus on, especially at the end of each year because as tax loss selling fades, it is possible to see very strong gains into the New Year. For example, last December, I wrote an article about Immunogen (IMGN) titled “Why This $1 Biotech Stock Is A Strong Buy Now” and that stock went to over $8.50 per share in 2017. Almost a year ago,....More>>>
Advanced Micro Devices, Inc. Outlines Its Machine Learning Strategy
Sunnyvale, California-based AMD (NSDQ:AMD) recently unveiled their machine learning strategy with the launch of the new Radeon Instinctaccelerators, MIOpen library and the ROCm software (launched earlier). Artificial intelligence (AI), Machine Learning(ML) and Deep Learning(DL) have become the new buzzwords in the tech....More>>>
&l;p&g;&l;img class=&q;dam-image bloomberg size-large wp-image-34374020&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/34374020/960×0.jpg?fit=scale&q; data-height=&q;532&q; data-width=&q;960&q;&g; A Bank of America logo hangs on the window of a branch in New York, U.S., on Thursday, Dec. 31, 2009. Photographer: Daniel Acker/Bloomberg
&l;span&g;Bank of America Corp.....More>>>
There doesn’t seem to be much that’s spooking investors these days. Ever-rising geopolitical tensions loom over a roiling White House and stymied Congress. Yet, the markets remain eerily calm. Volatility continues to be low and consumer sentiment is high. The market is widely considered to be pricey, but the extended bull market seems to be keeping investors pretty upbeat.
The state of New York just made a huge leap forward with medical marijuana – and the U.S. Department of Veteran Affairs, or VA, is not happy about it.
But it doesn’t matter. The VA stands no chance against medical marijuana’s insane trajectory.
Over the weekend, NY Gov. Andrew Cuomo signed new legislation that allows those in the state with post-traumatic stress....More>>>
The abbreviated week’s calendar has little important data. The economic news last week leaves open the timing of the next interest rate increase. As vacationing market participants yawn their way back to their desks and trading floors, what will be the focus? A look at the calendar and the end of summer will have them asking: Should we expect September mourning?
I borrowed the title....More>>>
London, X0, based Investment company Origin Asset Management LLP buys Lam Research, Intel, Copart, United Therapeutics, F5 Networks, Reinsurance Group of America, Tenneco, Synnex, Amphenol, Align Technology, sells Aflac, TransDigm Group, Danaher, Sinclair Broadcast Group, Universal Health Services during the 3-months ended 2016-12-31, according to the most recent filings of the investment company,....More>>>
December 29, 2016: Markets opened higher Thursday but were unable to hold onto early gains, probably due to some selling as traders get their ducks in a row for the new year. Equities have bounced around the break-even line most of the day. Utilities is the best performing sector while financials is the worst. WTI crude oil for February delivery settled at $53.77 a barrel, down about 0.5% on the....More>>>