Amgen AMGN Stock Soars on Cancer Trial

Amgen Inc. (AMGN) stock popped in after hours tonight as the company came with better then expected data on their Cancer Drug Denosumab. The Amgen news below caused a 12.96% spike in shares to $59.00. Expect the stock to be active in trading on 7/8/09.

Keep an eye on the following resistance levels if you will be trading AMGN tomorrow:

$58.89, $60.15, $62.46, $66.51

Denosumab Demonstrates Superiority Over Zometa(R) in Pivotal Phase 3 Head-to-Head Trial in Breast Cancer Patients With Bone Metastases

- Denosumab Significantly Delayed the Time to the First Skeletal Related Event and Significantly Reduced First and Subsequent Skeletal Related Events Compared to Zometa

- First of Three Pivotal Oncology Trials Comparing Denosumab to Zometa in the Advanced Cancer Setting Meets Primary and Secondary Endpoints

Amgen (Nasdaq: AMGN) today announced that a pivotal, Phase 3, head-to-head trial evaluating denosumab versus Zometa(R) (zoledronic acid) in the treatment of bone metastases in 2,049 patients with advanced breast cancer met its primary and secondary endpoints and demonstrated superior efficacy compared to Zometa. Superiority was demonstrated for both delaying the time to the first on-study Skeletal Related Events (SREs)(fracture, radiation to bone, surgery to bone, or spinal cord compression) (hazard ratio 0.82, 95 percent CI: 0.71, 0.95), and delaying the time to the first-and-subsequent SREs (hazard ratio 0.77, 95 percent CI: 0.66, 0.89). Both results were statistically significant. Full Article Here

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Earnings Calendar 1/26/09 January 26, 2009

Earnings Season really starts to heat up next week as major energy companies such as Conoco Phillips ( COP ), Hess ( HES ), and Exxon Mobile ( XOM ) all report earnings. Below is a list of companies I will be watching on 1/26/09 and who I feel will provide the most trading opportunities.

Company Earnings Date/Time www.blackberrystocks.com

American Express AXP 1/26 8am .34EPS
Freeport McMoran FCX 1/26 8am -.86EPS
Mcdonald's MCD 1/26 8am .83EPS
Caterpillar CAT 1/26 8am 1.31EPS
Amgen AMGN 1/26 4pm 1.06EPS
Netflix NFLX 1/26 4pm .34EPS
Texas Instruments TXN 1/26 4pm .12EPS
VMware VMW 1/26 4pm .26EPS

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Stock Market 10/23/08 - Pre Market Trading - Potash ( POT ) Earnings, Futures

This morning, Thursday, 10/23/08, the stock market futures are pointing slightly down and Oil is up $1.25 to $68 dollars per barrel.

European stock markets were lower Thursday after Japan's Nikkei index closed at a five-year low and Wall Street's Dow Jones index ended down nearly 6 percent Wednesday over mounting recession fears.

Britain's FTSE 100 index was down 35.24 points, or 0.9 percent, at 4,005.65, while Germany's DAX was 77.34 points, or 1.7 percent, at 4,493.73. The CAC-40 in France was 34.01 points, or 1.0 percent, lower at 3,264.17.

Earlier Japan's Nikkei 225 stock average tumbled 7 percent at the open but recovered to close down 2.5 percent at 8,460.98, while Hong Kong's Hang Seng Index was down 4.7 percent at 13,603 after falling more than 6 percent earlier. South Korea's market was down more, as the benchmark Kospi fell nearly 10 percent at one point but closed down 7.5 percent at 1,049.71.

Stock to Watch 10/23/08

Potash ( POT ) - Potash beat earnings by .36...coming in with $3.93 per share. Revenues were 3.06 Billion. They expect business to continue to be strong ( Unlike Mosaic ( MOS ) )
Potash ( POT ) shares up up $4 or 6% to $71 in pre market on the NYSE.

Amazon.com Inc.'s (AMZN) net income rose 48% amid continuing popularity of its free shipping service, but the online retailing giant disappointed investors with a tepid outlook for the fourth quarter. AMZN shares are trading at $43 or down 14% in pre market 10/23

Amgen ( AMGN ) reported some outstanding earnings last night.....shares of AMGN are set to open up 5% higher to $52 per share.

Sohu.com Earnings - Amgen - AMGN

This Monday morning we have great numbers out of Sohu.com. Expectations were for SOHU to come in with .66 EPS and SOHU came in with $1.02 or Non Gapp of $1.07. Just incredible numbers!.

Amgen AMGN will also be a big mover today as on Friday evening they released positive bone drug data.

For more on upcoming earnings....visit blackberrystocks.com

For the lastest company updates in relation to the haynesville shale....visit OilShaleGas.com