Happy Father’s Day to all you fathers out there, and to everyone who has or has had a father. It will take about three weeks to get even preliminary decent numbers about Belviq...

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1618 should hold by the close or be quickly recovered tomorrow, if we are going to avoid a 50% retracement of the most recent leg...

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Ocean Power Technolgies (OPTT) is having their earnings conference call this morning at 10:00am ET. A couple of new SeekingAlpha articles on Arena Pharmaceuticals (ARNA): 2 Biotech Stocks With Huge Potential For The Speculative Investor Arena Pharma Has Plump Profit Potential And for the Sequenom (SQNM) transcript from the Barclays Global Healthcare Conference CLICK...

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Individual money is flowing into equities for the first time in years. Probably means a top is approaching, but it shold be quite a bit higher than where we are....

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The Arena presentation at JPMorgan was good, but they said they have not gotten the 180-day response from the European Medicines Agency yet. The Sequenom presentation was excellent. The stock went down because their supplier, Illumina, announced the acquisition of a weak competitor. I don’t think this makes any difference to the SQNM story. The Dendreon presentation was very well done, and they had a good December...

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We’re just marking time while the short-term chart consolidates, and then the upturn should...

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