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Biotech / Medical : Arena Pharmaceuticals (ARNA) -- Ignore unavailable to you. Want to Upgrade?


To: Justinfo who wrote (2189)2/10/2014 8:32:32 AM
From: The Ox2 Recommendations

Recommended By
Justinfo
wolfgangrene

  Respond to of 2274
 
Thanks.

This morning's news:

Arena Pharmaceuticals, Inc. (Nasdaq: ARNA) reported that Eisai has secured improved patient access of BELVIQ® (lorcaserin HCl) with two leading healthcare benefit companies, and that the estimated number of insured commercial lives in the United States that have coverage for BELVIQ now exceeds 50 percent.

CVS Caremark (NYSE: CVS) customers (employers and health plans) have broadened the coverage of BELVIQ, and eligible CVS Caremark members may have access to BELVIQ in either a preferred or non-preferred brand position depending on the design of the employer benefit or health plan. In addition, Aetna recently announced that it would offer BELVIQ as a preferred brand to eligible patients as part of its pilot program to self-insured plan sponsors nationwide. The Aetna (NYSE: AET) program, which offers access to lifestyle management programs and surgical options, will also measure improvements in health outcomes, productivity and medical costs.



To: Justinfo who wrote (2189)2/13/2014 2:40:33 PM
From: The Ox  Read Replies (1) | Respond to of 2274
 
FWIW, we hit my next target just now at 183.2 on the SPY

Once again, this doesn't imply that this move is over, only that the odds are higher that a change in trend could occur here.

One minor note, VXX has been flat (more or less) since 11am est....while the S+P has continued to rise. This divergence doesn't always imply much, as it may simply be that the near term futures players aren't being overly aggressive today. Intraday the VXX retested this morning's low, so a bounce trade might be worth a look, with a very tight stop placed if breaks under the low.....