Market Notes: August 27, 2010

The Buy List had a very good day to close out August which was an ugly month for us.
Here are a few notes on some of our stocks:
Barron’s notes that First Global has downgraded Gilead Sciences (GILD).
Eli Lilly (LLY) won a court battle which extended the blocking of generic versions of Strattera, an attention deficit disorder drug.
Nicholas Financial (NICK) got as low as $8.06 today. The company’s book value is $8.59.
Here’s Ben Bernanke’s speech today in Jackson Hole. I thought it didn’t say much at all, but the market bond dropped sharply and stocks rose.

Posted by on August 27th, 2010 at 3:53 pm

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