Tuesday, March 1, 2016

biotech investing

in early 2015, I made the mistake of putting $10k in a biotech mutual fund. at the time, this represented 40% of my wealth. biotechs were on a roll and I bought at a time when this mutual fund was at an all time high. now this fund is worth $6500. I know you are not advised to sell at a loss but it doesn't seem like biotech is recovering as well as the rest of the market. politicians, especially democrats, are on record saying they want to stop drug price gouging which would affect this fund if they were to win the presidential election. I'm 24 and I don't need this money immediately. does anyone have advice on what I should do?



Submitted March 01, 2016 at 12:49PM by swish4531 http://ift.tt/1RjK6YT

Temple by Nguyen-Anh Nguyen



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Russia/Putin announced no increase in oil output in 2016.

Russian president Putin has announced that the oil firms has agreed not to increase output in 2016. so what effect do you think this will do? Does it mean oil has found a bottom? will the price bounce back up???



Submitted March 01, 2016 at 10:31AM by dbelov275 http://ift.tt/1Rjs3C9

Sites that provide detailed financial information?

You may have heard of "The Little Book That Beats the Market" and its magic formula for investing (which is basically just a better way of looking at P/E and other financials) but on the website they only show the results of the formula, not the actual data.

After some searching, I came across gurufocus.com which allows you to screen stocks using Greenblatt's formula and other famous formulas for screening stocks. It is really cool and exactly what I want, but you have to subscribe for over $300/year to see the information.

Do you know of any other websites that provide detailed financial information like this? Specifically the information used in Greenblatt's magic formula, such as Net Working Capital, Net Fixed Assets, EBIT, Market Value of Equity, Net Interest-Bearing Debt, etc?



Submitted March 01, 2016 at 10:38AM by matttebbetts http://ift.tt/1Lu6RMU

Son Lux: Change Is Everything by Nathan Johnson



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MRO on the downswing again. Any bulls here looking to go long Marathon? When and where is your bet?

Marathon Oil Corp. MRO, -4.38% said Monday it plans to offer 135 million shares of its common stock, granting underwriters a 30-day option to buy up to 20.25 million additional shares. The company said it plans to use net proceeds to strengthen its balance sheet and for general corporate purposes, including funding a portion of its capital program. Shares of Marathon fell 3.8% late Monday after ending the regular trading day up 2.2% at $8.21. Several energy companies are selling assets and issuing equity amid a persistent slump in oil prices.



Submitted March 01, 2016 at 09:07AM by StockJock-e http://ift.tt/24yVh9T

[ASX] Beginner to stock market ADVICE

hi, i'ma engineering students and never got involve in the stock market world. after listening to friends around me(they all do business) i'd like to get a general idea of how the stock market works and i could be apart of the conservation. I tried looking up online but it's just a bit too much information. I know i'd be asking for too much here and it's a really noob post for professionals like you lot to advice me. But could anyone advice me on some idea and ways i could get a head start ? currently trying to ASX http://ift.tt/1TAaimE stock game, and not sure which stock i should be buying or how to decide. (i wish to focus on energy,material engineering stocks which relate to my degree more)

This is just me wishing to learn more. not academic related or money



Submitted March 01, 2016 at 02:05AM by scizor20122 http://ift.tt/1LsNO5C