Today's Research Reports on Trending Tickers: Intercept Pharmaceuticals and bluebird bio
NEW YORK, NY / ACCESSWIRE / November 16, 2018 / U.S. equities regained footing on Thursday as oil prices climbed and hopes of a trade agreement between the U.S. and China raised investor’s optimism. The Dow Jones Industrial Average gained 0.83 percent to close at 25,289.27, while the S&P 500 Index jumped 1.06 percent to close at 2,730.20. The Nasdaq Composite Index rose 1.72 percent at 7,259.03.
According to Ray Dalio, founder of Bridgewater Associates, "The world by and large is leveraged long, when there is a downturn, I don't think there's much to protect investors." "Any investor should have a strategic asset allocation mix. In other words, what will be the neutral portfolio in an overall period of time and then figure out where there is alpha. That will distinguish the winners and the losers" referring to the next bear market, he added.
MER Initiates Coverage on:
Intercept Pharmaceuticals, Inc.
https://marketedgereport.com/report/ICPT/
bluebird bio, Inc.
https://marketedgereport.com/report/BLUE/
Intercept Pharmaceuticals' stock jumped 4.51% Thursday, to close the day at $100.88. The stock recorded a trading volume of 425,734 shares, which was below its three months average volume of 438,563 shares. In the last year, Intercept Pharmaceuticals' shares have traded in a range of 51.05 - 133.74. The share price has gained 97.61% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $105.08 is above its 200-day moving average of $95.53. Shares of Intercept Pharmaceuticals have fallen roughly 0.64 percent in the past month and are up 72.68 percent year-to-date.
Access MER's Intercept Pharmaceuticals, Inc. Research Report at:
https://marketedgereport.com/report/ICPT/
On Thursday, shares of bluebird bio recorded a trading volume of 479,029 shares, which was below the three months average volume of 710,180 shares. The stock ended the day 5.4% higher at $122.78. The share price has fallen 48.01% from its 52 week high with a 52 week trading range of 102.21 - 236.17. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $127.93 is below its 200-day moving average of $157.77. Shares of bluebird bio have fallen roughly 1.6 percent in the past month and are down 31.06 percent year-to-date.
Access MER's bluebird bio, Inc. Research Report at:
https://marketedgereport.com/report/BLUE/
Our Actionable Research on Intercept Pharmaceuticals, Inc. (NASDAQ :ICPT) and bluebird bio, Inc. (NASDAQ :BLUE) can be downloaded free of charge at MarketEdge Report.
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SOURCE: MarketEdgeReport.com
