Valeant Pharmaceuticals "With all the bloviating on the campaign trail about reeling in drug costs these days, it’s safe to say the pharmaceutical industry is under siege.""But it’s not all the politicians’ fault; many of the sector’s injuries are self-inflicted. Case in point: Valeant Pharmaceuticals’ (VRX), whose stock has plunged 62% amid ongoing accounting concerns." As we see from the chart - VRX weekly price is on bearish breakdown: ...
This article is directed to the individual investor concerned with achieving the highest possible total return. The highest total return will typically come from a true growth stock simply because a faster growing company is worth more than a slower growing company past, present and future. On the other hand, for that statement to be true, a high rate of earnings growth must be consistently achieved. Generating and sustaining a high rate of earnings growth is the tricky part, because although there ...
Johan Christian Dahl (Norwegian, 1788 - 1857) Mother and Child by the Sea 1840
Daily price was on bearish breakdown since the beginning of February this year: the price broke key support levels on the way to downtrend to be bounced from 110.97 support for the ranging market condition to be started. The price is ranging within the following key support/resistance lines: 115.96 key resistance line located near and below Ichimoku cloud on the border between the secondary bear market rally and the primary bullish market condition, and110.97 ...
US Dollar Forecast – Dollar Gains as Market Chews Rate Expectations with NFPs Ahead This past week’s USDollar rally marked the currency’s best performance since November’s dramatic break to 12-year highs – a move that proved a quick exhaustion. British Pound Forecast – Brexit to Dominate Headlines, GBP Price Action What a difference a week can make: Near market close last Friday, news had just begun to circulate that Mr. David Cameron ...
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