YouTube Credit Card Rant Gets Results

I mostly write about BioPharma Stocks but this does deal with a prominent stock Bank of America (BAC), who's stock price has risen considerably from the bailout period a year ago. The Debtor's Rant/Revolt Youtube video sets up some interesting points that could possibly hurt a stock or our country, which could happen. Theoretically this could cause an uproar and maybe another state of depression that we are currently experiencing. But could it possibly happen?

Would enough people risk hurting their credit? What could happen to our country if there was another tax revolt? This country was founded on a tax revolt so it's not exactly hard to imagine if people would form a revolution against Big Business and Wall Street. I still make trades but I am somewhat cautious on my trades as anything and everything can happen.

Swine Flu Stocks Tumble

This past week we have seen Biotech Indexes falling sharply. In addition there has been a massive Swine Flu Stock sell-off. Stocks of note are Novavax (NVAX), Sinovac (SVA), Biocryst (BCRX), AVI Biopharma (AVII), and Dynavax Technolog (DVAX).

NVAX: 090109 6.65 high, Today at 3.81-- 43% loss
SVA: 090109 10.46 high, Today at 7.90-- 25% loss
BCRX:091509 11.67 high, Today at 8.26-- 29% loss
AVII: 090109 2.08 high, Today at 1.58-- 24% loss
DVAX: 091009 2.55 high, Today at 1.80-- 29% loss

Today's selloff is a sign that these stocks are solely trading on hype and volatility, this hype could come back but these are volatile stocks that will rise and fall sharply. Yesterday's crash appears to have come from Congress' Health Care 80B Dollar Bill vote. In news today, the Senate Votes Down New Pharma Cuts. We have the G20 convention in Pittsburgh this week. But there is a lot affecting the market the past couple of days. The Federal Reserve has people talking too. Today, the Fed moves to be sooner, faster, stronger: Warsh, meaning faster rate hikes in this case.

The market recovers slightly only to be set back down quickly to previous gains. It a state of reflux that is unpredictable. I see the swine flu stocks coming back but I do not think they will return to previous highs any time soon. Maybe at the height of flu season but with an early flu season we could all have some immunity to it by the end of the season. It's not that bad but it is a very contagious flu strain affecting young people at alarming rates. I do see these stocks rising again but there is no way to tell.