Bear Market Rally Lifts HealthCare Stocks Off Bottom…Update-2 Stealth rally
Update-2 June 22...Market ends trading day flattish with usual choppiness focused on macro after Powell speaks. Recession fears dominate with energy stocks down again. Bright spot is healthcare sector led by large caps with nibbling in beaten- up small caps. Like price action in spec small caps...
Big Slide with Nowhere to Hide, in a Bear Market..Update-2 Rate Rise of 0.75% by FED
Update-2 6/20 10:30p PDT.... Futures are up poised for a nice rally tomorrow. Last week even healthcare stocks hit new YTD lows with the XLV down 14.91% YTD now at $119.89. Even large cap biopharma stocks have sold off over the past month. ==== Update-1 FED raises rates by 0.75% largest since...
Healthcare Shares Lag as Investors Pivot to Growth in a Broad Rally…Update-4 Sideways market with biotechs trading better
Update-4 June 8 Sideways market with trading opportunities in Small cap biotechs. With markets so choppy day to day and volatile within day it is hard to trade. But in my most recent trades I am more hopeful with this buying window. The bellwether remains XBI which at $73 is in the money for...
Large Cap Biopharmaceuticals: Provide Growth, Value and Yield…Update-3
May 25 -Update-3 ..We will take this little rally after all the turmoil recently. Our Strategy has not changed since January which is to stay with large cap biopharma stocks . We would like to pick some winners among the smaller cap biotech and diagnostics stocks but it has been difficult....
Hiding from Volatility with Healthcare Stocks…Update2- oversold rally time!
Update-2 ...5/13 Many analysts see today's sharp upside action as an oversold rally from 2022 lows.The highest risk stocks soared along with large cap tech stocks. NASDAQ was up 3.75%,S&P up 2.3%, DOW up 1.42%. To some extent this shifted action away from more defensive healthcare up only...
