Is Rocket Pharmaceuticals a Buy as the Stock Soars on FDA Trial Update? 3 Things to Consider
Gene therapy developer Rocket Pharmaceuticals (RCKT) investors woke up in delight as shares skyrocketed in Wednesday morning’s pre-market trading session. When the bell sounded, the stock continued its trajectory and it currently sits 38% higher than it last closed at. This comes after the company announced that it has aligned with the Food and Drug Administration (FDA) on the [...]
What is the Best Day of the Week to Buy Stocks?
Whether you’re swing trading vs day trading, finding the perfect entry point can be the difference between giving yourself room for profit or missing the boat and ending up with a losing position. This begs the question - what day of the week is best to buy stocks? The notion that there might be a “best” day of the week [...]
Oracle Drops 12% On Dismal Guidance Despite an Earnings Beat: What Does This Mean for Investors?
Shares of Oracle (ORCL) are down 12% so far in Tuesday morning’s trading session even after the company posted first-quarter earnings that beat the consensus. The problem? The dismal guidance for the second quarter ahead. Oracle has benefited as more and more companies rush to claim their stake in the AI marketplace. The demand for its cloud services burgeoned [...]
Hostess Gains 20% on Acquisition Rumors – Should You Ride the Hype and Buy TWNK?
Rumors have been circulating since August that Hostess Brands (TWNK) has been looking for a buyer. The latest update is that JM Smucker, the maker of Jif peanut butter, is preparing for a takeover that could cost as much as $5 billion. Reuters first reported the news that the famous Twinkie manufacturer had been searching for a buyer a [...]
Arch Capital Group Ltd. Backs Off 9% from its July 27 All-Time High: Can It Rally and Exceed that High?
By Leslie N. Masonson, MBA Arch Capital Group Ltd. (ACGL) is a Nasdaq-listed firm that was incorporated in Delaware in 1995 but is headquartered in Pembroke, Bermuda, with 5,800 employees. There are 373 million shares outstanding. Revenues totaled $1.8 billion, and ACGL’s market cap is $29.04 billion. The company and its multiple subsidiaries offer general insurance, reinsurance, accident, disability, [...]
ETF Investment Strategies: It’s All About Preparation and Knowing Yourself
by Leslie N. Masonson, MBA Investing in the markets scares many individuals because of the emotional and financial devastation and frequency of corrections and bear markets. For example, since 2000 there have been two instances of bear markets: 49% and 56% decline during March 2000 to October 2002, and from October 2007 to March 2009, respectively. Other declines of [...]