"If I could predict what stocks will do, well then I would not be on this board."
I'll try to keep that in mind with any future predictions. Happy investing!
Ofcourse anything can happen Zbuzz1970. If I could predict what stocks will do, well then I would not be on this board. All I said was that the chart looked better than it had looked 3 weeks ago. The markets, Yellen, Europe, Greece etc, all will continue to affect stocks and it looks like investors are scared of the above reasons and therefor we will be stuck unless some positive catalyst changes things.
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Several weeks of sideways nothing with low volume and more sellers. Chart looking like tomorrow begins an uptrend back to $160ish. The overall markets will of course have some impact however, I still think we trend higher beginning tomorrow.
today and I was hoping to see AMGN higher but CBM , which has risen like gangbusters, has finally gotten a down day but it is #1 rated almost everywhere, and I am sure by the end of the day, it will be up. It is a takeover target for AMGN also. Don't you think?
Wake up people its all just games by all central banks/Federal reserve/ governments to keep this massive pyramid scheme going forever .
During the last 2 weeks we have been trading in a range of 153-157. Volume has been anemic except for Monday which I believe we traded around 6 million shares just slightly above the average. We need something to get us out of this range and breakout to the highs. Biotechs and BigPharma is doing great right now but it seems as if AMGN is slacking behind.
Does anyone know what type of Stock Buy Back program AMGN has in place? Because that would surely help.
In a research note issued to investors Friday, Eun Yang at Jefferies Reiterated their Buy rating on Amgen, Inc. (NASDAQAMGN). The analyst placed a $195.00 price target on the stock which indicates a 23.70% upside to the last closing price.
It's too bad amgn is only going to do 2.41 vs 2.31 and only deliver flat/zero earnngs growth going forward. i'm not sure how much that's worth to me as an investor. i am holding 200 shares of amgn and am holding on for a nice push up by the hedge funds in days ahead, starting with today. then it's time to rotate into gild or another intersting momentum push from yet more hedge funds.
Please get back on your meds.
For an example of crack baby gone wild, just look at the compression of bis from 1600 to 29 today ... Now that's crack!!! and, best of all, the drug prices being fed to patients today are literally strangling our economy and there's nothing the fed or congress will do. because they want this to happen. they love seeing americans in pain and completing screwed and drowning in debt. just keep piling the higher health and drug prices on top of the already screwed lower and middle class, and you'll see what happens. a bust!!! no matter how much qe you you shove into the babies mouth, the baby drowns in his own puke because he can't digetst the gobs of higher priced everything and student loans and mortgage premium that he's been force fed. baby dies in the end. and, the fed just spent our entire future of liquity to keep baby alive for a few more days.
Stories, stories and more stories! that's what it takes from the media to push a stock 2 points today. and, the more clever the story the less of a move it makes! not good!
Yawn!!! ... A market full of stocks, needing clever stories to push prices higher ...when to stocks get back to going up because they are undervalued?