The Traderszone Network

A sale of Paragon, which Valeant’s Bausch & Lomb unit purchased earlier this year for an undisclosed sum, would deal a blow to the specialty pharmaceutical company’s attempt to consolidate the market for gas permeable contact lenses, a type of rigid lens popular among people with keratoconus, a thinning disorder of the cornea, among other eye diseases. The FTC has been investigating Valeant for potentially cornering a portion of the lens market.

Highest setting for the USD/CNY since August 27
Weakest for the yuan since … (stop me if you’ve heard this before) … since August 27 😀
– yesterday’s close was 6.4082

Comments from John McGrath, chief executive officer of newly-listed real estate agency McGrath
– He reckons Sydney and Melbourne prices are no longer attractive
He also says:

This will be quick, and incomplete … I don’t have time for an essay. Hope it helps.
Rule 1 – Only trade active, moving markets (this is Asia, so you can go off and have a nap now)

Energy stocks dropped 3.7% today and crude oil dropped 5.8%. Who knew??????? As I mentioned in last nights video, Thursday and Friday seemed extreme from both ends. Big down, then big up. I thought today would be important because many of the short and long positions probably squared away on Friday to an extent. The […]

The post Energy Rout appeared first on UpsideTrader.

Stocks fell Monday, signaling that sellers were not done despite Friday’s big comeback. The Nasdaq shaved a 1.1% loss to 0.8%. It returned a little less than half of Friday’s move. The S&P 500 gave up 0.7% after being down as much as 1.2% at Monday’s low. Energy stocks were battered as crude oil tumbled nearly 6%, to $37.65 a barrel amid a higher dollar and Friday’s lack of action from OPEC.

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Asian equities markets traded cautiously on Tuesday after oil prices fell more than 5 percent overnight.