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Imbruvica (ibrutinib), the Next AbbVie Mega-Blockbuster Cancer Drug

Thu Nov 5, 2015

Shares of AbbVie [NYSE:ABBV] have surged 38.13% from the low of $45.45 a share on October 22, to close on Thursday at $62.78 a share. The company reported its third-quarter ...

 
 

U.S. Dollar is Going Nowhere as Central Banks Talk the Talk, but Don’t Walk the Walk

Tue Nov 3, 2015

The U.S. dollar index (DXY) inched up 0.25% to close at 97.24 on Tuesday, as the currency market was looking for a clue on further action from European Central Bank (ECB)  ...

The SET Closed Higher After the Bank of Thailand Keeps Key Rates on Hold

Wed Nov 4, 2015

The SET closed at 1,423.42, up 0.76% on Wednesday after the Bank of Thailand (BOT) decided to key keep rates on hold at 1.5%, after its Monetary Policy Committee Meeting ...

Apple Reports Record Fourth-Quarter Results, Sales Soar 99% Year-on-Year in China

Mon Nov 2, 2015

Apple [NASDAQ:AAPL] shares have been on the rise, closing at $121.18 a share on Monday, up 5.79% since last Tuesday when the company reported revenues and earnings that ...

Healthcare Short Covering Rally and FOMC Decision Set off S&P 500 Sector Rotation, Remain Cautious as RSI and MACD Peak

Fri Oct 30, 2015

The S&P 500 closed up 0.21% for the week, at 2,079.36 on Friday, as a short covering rally in the healthcare sector ...

Bullish SET Trend Reversal Emerges Ahead of Bank of Thailand Monetary Policy Committee Meeting

Fri Oct 30, 2015

The SET closed down 1.5% for the week at 1,394.94 on Friday after the U.S. Federal Reserve decided to keep ...

EUR/JPY FX Cross Rate and the Central Banks Game of Chicken

Thu Oct 29, 2015

The EUR/JPY FX cross rate printed at 132.64 yen per euro at the close on Friday, down 0.25% from the previous close, after the Bank of Japan (BOJ) kept its monetary policy on hold ...

SET Technical Selling or Fed Rate Hike Fears?

Thu Oct 29, 2015

The SET tumbled another 1.36% on Thursday to close at 1,390.04, after the Fed kept rates on hold, but is somewhat hawkish, meaning there are hints of a rate hike at the next FOMC meeting on December 15-16. The Fed seems to ...

Shire Shares Jump After Announcing Positive Topline Results from OPUS-3 Phase 3 Trial for its Dry Eye Disease Drug Lifitegrast

Tue Oct 27, 2015

Shares of Shire plc-ADR [NASDAQ:SHPG] jumped 7.73% to close at $227.71 a share on Tuesday, after the company ...

Siam Cement Shares Are Running into Technical Problems as Downside Risk Increases

Tue Oct 27, 2015

Siam Cement Pcl [SET:SCC], Thailand's largest industrial conglomerate, said on July 29, 2015, that its second-quarter 2015 revenues were 113.82 billion baht, down 8.8% ...

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