The resurrection of volatility continues this February.
Yesterday, stocks appeared to have found some stability during Monday’s trading—major indexes were up for the entire market session, a first since the recent correction began. But indexes are down uniformly on today’s trading at the time of this writing. Interest-rate pressure continues to remind investors of the potential downside of equities.
While traditional investors fearfully await word from the Federal Reserve on the pace of rate hikes, News-based traders simply keep profiting. As investors become more skeptical of aggregated valuations, specific stock news becomes a bigger focus
CATB is a clinical-stage biopharmaceutical company. They are currently engaged in Phase 2 trials evaluating the efficacy of
This morning, they announced positive initial results from the Phase 2 evaluation: “Across all key assessments of muscle function, improvements were observed in the rate of decline after 24 and 36 weeks of oral 100 mg/kg/day
Investors bought the stock on huge volume, driving it to gains that have consolidated near 50% after flirting with the 100% mark. The pharma sector continues to hold unmatched long-profit potential for short hold-time trades in recent months.
Diverse Plays, Great Profits: All in a single news day.
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