Take a look at companies like REGN and CELG is a screaming buy!
Probably ETF related. Analyst downgraded BIIB after the big run-up on Friday. I think we'll bounce right back by end of week and also should see some end of month window dressing going into new quarter.
The shorts courtesy of the paid by Wall Street analysts and the tabloids got just what they needed to cover. Short interest has been huge in GILD! Same crapola we saw in AAPL
Be Happy Pepsi Investors, Morgan Stanley Just Made A Bullish Move
Analysts at Morgan Stanley on Wednesday reiterated an Overweight rating and $112 price target on PepsiCo, Inc. (NYSE: PEP ). The firm based its rating on PepsiCo's valuation
markets doesn't like the secondary offering i guess! only reason i can see it down in this rally.
My PEP sold off on Barrons article and J P Morgan downgrade this morning. Like a big dummie I didn't buy the dip. Now its positive. This one defies logic however! lol All I can figure is its the options mm's still trying to hold it below $100 and now below the 50 dma at $102. Short interest is pretty high as well so maybe the combination but eventually this has gotta reverse. I know if i sell, it'll go up. Always happens!
You don't see this with Apple and companies with strong balance sheets - no debt.