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Two Ways: Ask Your Doctor About Merck and Schering-Plough


Strengthen your portfolio in good times and bad.


Side Effects Include...

Merck (MRK) has joined forces with Schering-Plough (SGP) in a deal worth $41.1 billion. It's a cash-and-stock transaction in which Schering-Plough shareholders will receive a premium of 34% to Friday's closing price. In a statement, Chairman and CEO Richard T. Clark said, "The combined company will benefit from a formidable pipeline, a significantly broader portfolio of medicines, and an expanded presence in key international markets."

Toddo mentioned a few of these Big Pharma plays last week in Freaky Friday Potpourri.

From the Bull Pen: Those bullish can look to the Biotech HOLDRS Trust (BBH). A sell stop can be set 2% below entry.

From the Bear Cave
: Professor Quint Tatro has got Gilead Sciences (GILD) on the radar. It shows resistance on the weekly chart near $50. One can initiate a downside position if and when it rallies to that level.

Quick Check Around the World

Asian trading closed with the Hang Seng -4.84%, Nikkei -1.21%, India -1.99%, Taiwan -0.55% and Shanghai -3.39.

Glancing towards Europe, we see the CAC -1.55%, DAX -1.12%, FTSE -1.43%

As of 8:05 AM EST, S&P Futures are trading -10 to 677, and Nasdaq futures are -12 to 1064.

A Look At Commodities

Crude oil is trading +0.32 to 45.84. Gold is -5.10 to 937.60. Silver is +1.70 to 13.350, and copper -4.40 to 164.50.

The dollar index is +0.6750to 89.2250.

Not much on the radar today but click here to see the full list of this week's events.

Happy Monday! Good luck, Minyans!

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No positions in stocks mentioned.

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