Hap Sneddon's Top Picks: March 18, 2020 [Business News Network (BNN) Energy & Resources (Canada)]
Eli Lilly and Company (LLY)
Last eli lilly and company earnings: 4/23 06:25 am
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Source: Business News Network
Hap Sneddon's Top Picks: March 18, 2020 Hap Sneddon, chief portfolio manager at Castlemoore Focus: Technical analysis MARKET OUTLOOK On late February, I wrote: “By many metrics, current stock markets are extended to the upside in the short term. For example, insider selling is high and put/call ratio data shows complacency. The VIX is scrapping the bottom of a yearly range and many indicators are showing overbought levels. But how things work off such conditions is always a mix of both price and time. There’s no set blend, however. We always find out later how it gets composed, and what the catalysts were.” Now we know the composition was severe, the catalyst a novel healthcare issue and the economic forecast today seemingly temporary for some sectors, longer for others and generally unknown. Foremost in our technical analysis as we look for opportunity while being mindful of risk is the 2,300 level on the S&P 500, the highest quality and most liquid of any global securities mar
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LLY
Earnings
- 10/30/24 - Miss
LLY
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- LLY's page on the SEC website