RegMed Daily, Closing Bell, 2/7/12, stocks edge higher slowly, as fear factor handcuffs risk appetite
End of Day, Cause and Effect
EOD Commentary: Danger is when the retail investor … get in and the big-money buyers … start taking profits and the market turns lower. In market terms, it’s called “capitulation” — that moment when investors no longer can stand against the tide and finally join the crowd. Though often associated with market bottoms and the accompanied selling, this time around capitulation would coincide with the top of the rally … when investors get caught buying high and selling low.
Closing Bell: The NASDAQ closed UP +2.09 (+0.07%) to 2,904.08. The Dow closed UP +33.07 (+0.26%) to 12,878.20.
Who’s up … at the close:
- BioMimetic (BMTI) +$0.19 <+9.27%> to $2.24;
- ImmunoCellular (OTC BB: IMUC) +$0.30 <+18.18>to $1.95;
- Fibrocell (OTC BB: FCsc) +$0.015 <+4.05%> to $0.385;
- Neostem (Amex: NBS) +$0.061 <+9.41%> to $0.723;
- Neuralstem (Amex: CUR) +$0.07 <+6.42%> to $1.16;
- Pluristem (PSTi) +$0.03 <+1.17%> to $2.59.
Categories: RegMed Daily Closing Bell
