Scalper1 News
Major averages fell fractionally yesterday on lower, below average volume. The trading day was quiet overall. The lower close is not unexpected especially after the market’s sharp bounce. Biotechs got hit after Biogen (BIIB) was downgraded to neutral from buy, not surprising after its recent fast rise. Software services company Epam Systems (EPAM) had a pocket pivot. Earnings and sales are consistently strong, ROE 26.3%, group rank 18. Scalper1 News
Scalper1 News