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AXSM - American Society Of Clinical Oncology: A Biotech Friendly Event In An Unfriendly Healthcare Market
Axsome Therapeutics Inc.
Market Pulse
The month of May thus far has been mostly a downward ride with an occasional rise, proving to be a mere bunny bump, as indexes have eroded persistently on the lack of a trade resolution with China, an outcome that at one point was considered to be almost in the bag. This is raising the probability of a US economic slowdown over the next year.
The broader Nasdaq (QQQ), S&P 500 (SPY), and small cap Russell 2000 (IWM) have slipped about -6% during the month, reflecting the