ICYMI! Weekly Market Recap. May 14-18, 2018


19-May-2018 20:59 PM



Monday stock market gap up, Dow Jones +71.48 points, QQQ +0.17%, IWM -0.37%,  IBB +1.03%.

Tuesday U.S. market set for a gap down with rising concerns of  US 10Y Yield over 3.00 level. Dow Jones down -193.00 points. Snapping an 8 days winning streak

Wednesday Dow Jones +62.73 points,  SPY +0.39%, QQQ +0.66%, IBB +0.89%, IWM +1.03%. Market rebound, but the US 10Y Yield up to 3.10 not seen since 2011.

Thursday U.S.  Initial Jobless Claims 222k vs 215k, Crude Oil over %70/bl. Dow Jones closed down -54.88 points, SPY -0.08%, QQQ -0.38%, IWM +0.46% and IBB +0.06%.

Friday U.S stocks in tug-a-war. Dow Jones closed +1.11 points, SPY -0.68%, IWM +0.21%, QQQ -0.52%, IBB +0.21%.


  • Tandem Diabetes Care Inc (TNDM) stock upgraded to Overweight at Piper Jaffray. PT $13.00. Stock up +25.22%
  • Chipotle Mexican Grill Inc (CMG) price target raised to %530 at Piper Jaffray.  Stock up +0.02%
  • Nxp Semiconductors (NXPI) China restarts a review of Qualcomm's NXP purchase. Stock up +11.85%


  • Vipshop Holdings Limited (VIPS)
  • The Home Depot, Inc (HD) earnings report, Q1 EPS $2.08 vs $2.06, revenue $24.9B vs $25.2B
  • (AMZN) drops -25.42 points or -1.59% and Alphabet Class A (GOOGL) -21.73 points or -1.96%.. A leader in tech selling off




  • Baidu Inc (BIDU) Qi Lu no longer as chief operating officer. Stock down
  • Applied Materials Inc (AMAT) earnings report Q2 EPS @1.22 vs @1.14,  revenue $4.57B vs $4.45B
  • Abeona Therapeutics (ABEO) pushing back clinical development timeline for ABO-102.

Thanks for reading.

Contact us:

Twitter: @BiotechMoney18



Add Your Comment

Please select phase first
Disclaimer! This is NOT an investment advice. The data result herein is purely speculation only. You must do your own due diligence and mitigate your risk. You acknowledge that will not be held responsible and accountable for any losses you may incur using our Biotech Data Calculator. Please consult your own financial adviser before executing trades.