The Traderszone Network

Published in TZ Latest News 8 May, 2015 by The TZ Newswire Staff

Q1 Earnings Drive Industry Group Winners And Losers

First-quarter earnings reports and a correcting market have shaken up the industry group ranks. Here’s a look at some of the winners and losers for the week. The biotech group outperformed and recovered a portion of the prior week’s harsh losses. Group member Ligand Pharmaceuticals (LGND) is trading near a 79.71 buy point from a cup-with-handle base after finding support at its 50-day moving average.

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