Trump: I’m Going To Bring Down Drug Prices
Biotech investors thought they dodged a bullet on Election Day, but drug prices may soon be back in the spotlight.
Biotech investors thought they dodged a bullet on Election Day, but drug prices may soon be back in the spotlight.
Oil prices have gotten much of the attention lately among commodity traders following news of the first OPEC production cut since 2008. However, while WTI crude prices are up 3.6 percent in the past month, Henry Hub natural gas prices have skyrocketed 34.5 percent.
Shares of Federal National Mortgage Assctn Fnni Me FNMA 3.76%and Federal Home Loan Mortgage Corp FMCC 3.72% have been all over the map in the past week following comments from newly-appointed Treasury Secretary Steven Mnuchin.
Some Boeing Co BA 0.71% shareholders are up in arms on Tuesday after President-elect Donald Trump tweeted that he intends to terminate a deal in place for the company to build the next Air Force One.
The SPDR Gold Trust (ETF) GLD 1.05% is down 8.1 percent since Election Day, but some traders are taking the opportunity to buy the dip. Break Capital analyst Frank Longman sees reason to be bullish on gold from a technical analysis perspective.
Boeing Co BA 0.71% shares opened Tuesday’s session down 0.8 percent after President-elect Donald Trump tweeted that he intends to cancel a Boeing order for a new Air Force One 747.
Chipotle Mexican Grill, Inc. CMG 0.25% opened Tuesday’s session down more than 7.5 percent following yet another disappointing quarterly report.
Federal National Mortgage Assctn Fnne Me FNMA 3.76% and Federal Home Loan Mortgage Corp FMCC 3.72% shares are bouncing off of their session lows on Monday but remain down about 7 percent following a huge surge last week.
Crude oil prices hit their highest level in a year and a half on Monday, following last week’s strong performance with another push higher. The surge follows last week’s surprise decision by OPEC to cut production for the first time since 2008.
Tesla Motors Inc TSLA 0.06% bulls have had a rough go of it since Election Day. Despite the fact that Tesla shares are down 22.3 percent in 2016, some bulls seem to be sticking to their guns.