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Andrew Klips

About

Andrew Klips became enraptured with the markets as a teenager and has been an active trader on a daily basis for more than a decade. Specializing in technical analysis, he is an avid player of stock charts making technical bottoms mixed with a particular affinity for the fundamentals of biotechnology companies.

Articles

After failing to ink a deal to acquire Swedish drug maker Meda in April, generic pharmaceutical company Mylan, Inc. (MYL) got its way to move its headquarters overseas, a move called a “tax inversion,” by striking an agreement with Abbott (ABT) on Monday.  Per the deal, Mylan will acquire Abbott’s…
Representatives from the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) are reportedly still at the negotiation table as the deadline approaches for a possible strike by about 13,500 dockworkers at 30 West Coast ports at midnight June 30. The affected ports run from San Diego,…
The number of Americans applying for first-time jobless benefits edged slightly lower last week to hold near a post-recession low, according to a weekly report from Washington on Thursday, representing the latest piece of info that the labor market is still getting stronger. The Labor Department said that initial jobless…
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