Market watch has posted a list of expected additions and deletions to the Russell. I have tried to post link yahoo won't let me. Google market watch russell. Should be able to get it.
Thxs.....have not stayed much on top of the newer strains. Sounds like a longer term challenge.
Gail I think major...major addition and yes read between the lines I believe her addition opened even more funds eyes. I really don't think she came onboard for a company sale, but we will see. Considering it appears she owned shares before signing on, she must have been following NVAXs developments and potentials.
The after burners are my favorites. Perhaps that will be the candle that ignites short covering.
lobster, what are your thoughts on the gram negatives ??? I have not stayed much on top of them and their mutations. At one time they were a major problem in hospital and healthcare settings.
Taking out the newbies that were chasing the upward momentum on the chart and volume, they usually put stops in right after they buy. Those types of newbies more than likely know nothing about the company or the science involved, they just chase the charts. I am guessing the buyers that drove NVAX over 11 were new fund positions. Judging by the 10.99 - 10.98 tap yesterday ( the wick was short lived ). I don't think the accumulators will capture much of any shares from the understanding longs, that know what they own and why they own it.
And or perhaps there were margin buyers and are now being relieved of their shares into stronger hands. When more solid news comes I anticipate another power move. Another short lived wick today higher than yesterday.
Ok SSH Haters give me them there Red Thumbs. I like em.
rez............that pretty much sums it up. Each day there are fewer and fewer shares available.
free............considering overall mkt. Naz, DOW, S&P, Other Bios not holding as well...... NVAX holding up well .....NVAX volume and churning, something is up.
Back of the hand SWAG 15.3. Reasoning 9 x 70%, But then news could drive much higher. As I have been saying there is more going on behind the curtain then we know. For that I always get Red Thumbs Come on gimme some Red Thumbs. Remember I predicted an 18% move after 9 break, B4 CNBCs 23%. Well where are we? But hey I am just a no nothing bum. No knowledge in TA or Scientific Matters (ha ha). I think leo was the only that had any faith in my #s back then. Sarcastic U betcha. I will admit I did not anticipate this strong of a move this fast. I was after more shares.
free........... and yes I agree with the 9.58 - 9.68- 9.77, off to the races... .remember a few weeks back when I suggested the common chart comparing 6 break and when we finally break 9 could see a repeat of the 6 break an 18% move upward. And everybody wanted to red thumb me. Well we are well on track for that 10.60 area faster than I figured. Patterns have a tendency to repeat.
Look at the amount of shares bought over 10. Is it real ????????......... Or are they gonna pull the plug at the open?????????..........Or perhaps trying to get some sellers at the open??????...........We will find out at the open.
I think it has been awhile since we have seen such pre-mkt. volume to the + side, (but I don't don't normally track pre-mkt. volume) and so many shares over 10. Agree " Good Morning". This just may attract a bunch of momo traders. Shaping up to be a wild day.
stock........I am in agreement some retracing and consolidating we help keep technicals strong. From my limited experience of approx 25 yrs. that which goes up too far too fast and gets too far ahead of itself has a tendency to fall hard on just a mention of anything negative. I have also seen stocks pumped just before they get dumped. Not even suggesting that is the case her. IMO when stocks get to steep of an incline 65 - 68 they begin to get too frothy. I think more long term.
free... I agree, some prefer to attack without a plan. At least we got a couple that have fessed up unknowingly based upon their response to TA Nay Sayers. Perhaps I purposefully planted that to see whom is clue less. IMO start with the fundamentals (which includes multiple pieces) once understood and if in agreement use TA to find entry points and points at which to add is a system that has worked well for me. And I know the big funds employ TA techniques. I will admit I was wrong about 9 and 10. Demand is greater for the stock than I thought. After reading up on Gail I knew she would bring alot to the company. Just thought the big boys would give a shake so I thought wrong big deal at least I admit it. Cheers.