|Day Low/High||51.77 / 55.45|
|52 Wk Low/High||30.15 / 64.94|
Also on the move were Global Blood Therapeutics, Valeant and Kite Pharma, among others.
Investors in Global Blood Therapeutics Inc saw new options begin trading this week, for the May 19th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the GBT options chain for the new May 19th contracts and identified one put and one call contract of particular interest.
But what will be most important is whether support stays strong and the buyers show interest in the afternoon.
U.S. stocks saw slow action ahead of the start of a Fed meeting and a big East Coast snow storm Tuesday.
This group has had some excellent speculative action lately while not much else has been working.
The markets' focus will be on the pace of future interest rate hikes.
We end the week with the same question we had at the start.
Why the name is sagging, and what it will take to spur the sector higher.
Let's take a look at several stocks that are experiencing unusual volume activity.
Here's a technical look at how to play a number of stocks trending higher with strong volume.
While it's not a surprise that Global Blood is a takeout target, the timing of Novo Nordisk's interest in the company comes as a surprise, according to a stock analyst.
Global Blood Therapeutics is said to have been approached about a merger by Novo Nordisk.
It is clear that tax policy isn't going to be solidified in a couple of weeks.
But it is all about timing, and so far there is no indication that this extended market is about to turn.
Investors in Global Blood Therapeutics Inc saw new options begin trading this week, for the April 21st expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the GBT options chain for the new April 21st contracts and identified one put and one call contract of particular interest.
It will be interesting to see today if afternoon strength occurs once again.
Sign up to get started or log in to see your watchlist.
Enter a symbol above to add it to your watchlist.
A confirmation email has been sent to the address provided during registration. Please click on the appropriate link to confirm your email address.