The Technical Indicator: Charting a bull-trend pullback: S&P 500, Nasdaq maintain major support

Charting a bull-trend pullback: S&P 500, Nasdaq maintain major support Focus: 10-year yield’s breakout and approach of 200-day average, TNX, TRV, MXIM, NOVA, JAZZ, ALXU.S. stocks are mixed early Wednesday, largely treading water after a mixed batch of earnings reports and amid fiscal-stimulus talks that have been extended. Against this backdrop, the S&P 500 and Nasdaq Composite continue to digest early-October breakouts amid an orderly pullback that has thus far inflicted limited damage.

Were Hedge Funds Right About Piling Into Alexion Pharmaceuticals, Inc. (ALXN)?

Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […]