CEL-SCI Corporation Receives FDA Approval To Proceed With Clinical Trial For H1N1 Flu
2:41pm EDT
CEL-SCICorporation announced that it has received FDA approval to proceed witha clinical trial of its H1N1 flu drug candidate, testing its effect onwhite blood cells of patients who are hospitalized.
- Friday, September 18, 2009
Bear Or Bull Rally? Banks Will Tell Us Next Month: The Week In View
Even though the Dow finished up 0.4 percent today, for the week it was up a solid 2.3 percent. Still betting on the bear market? It looks like you are on the wrong side if you are. And yet there are many signs that this is a bear market rally. Unemployment, credit card defaults, and home foreclosures have many investors saying this bear rally will end in the future.
Just how much are unemployment and credit card defaults affecting the economy? Investors will have a better idea when Bank of America (BAC:NYSE), Citigroup (C:NYSE), JPMorgan Chase (JPM:NYSE), and Wells Fargo (WFC:NYSE) report earnings next month. All four have been relatively calm the past week. This could be a sign from investors that maybe they are at their peak. In long run, we think all four will go a lot higher with Bank of America and Citigroup being in the higher risk, higher reward category.