Lots of biotech companies are reporting their first-quarter numbers this month. And with this, we’ve seen some movement in your held positions.
Looks like we might be in for another interesting afternoon...
Stocks ended the day lower!! The Dow lost 90 pts, the S&P gave back 25 pts, the Nasdaq lost 166 pts and the Russell lost 0.65 pts. as investors/traders and algo’s focused on ‘some’ of the negatives yesterday vs. looking through the noise and only seeing roses… In fact though, the market remains resilient… what looked like a broader selloff in the pre-market yesterday morning never really materialized… and while all of the indexes were lower – they didn’t collapse…
We’re starting the new year off right, ringing the register on our first triple-digit win of 2021!
Simply put, we’ve had a tremendous year thanks to SERINA!
What a difference a day makes! US futures are holding steady this morning not suggesting any sense of unease or panic over the latest mutant version of Covid-19. Flashback to yesterday morning – when the news out of Europe – more specifically from the UK – about a new mutant variation of Covid-19 hitting the countryside sent European stocks careening and US futures lower in pre-mkt trading.
FDA approval for our position just went through! Approval should attract new buyers and as the market digests the fact that this is company is going to be earning revenues soon, we should see the share price steadily ascend.