Stay the Course with Healthcare and Biotech Stocks…Update-3 earnings, AMGN , GILD
Update-3 10/29. 1p EDT...Earnings reports stabilize biopharma stocks. Vaccine stocks strong. Gilead Sciences (GILD) beats but lowers guidance.Needs clinical news on deals. Stock lower. Amgen (AMGN) holds $216 after beat, osteoporosis drug opportunity. Early movers: ALKS, BNTX, CVAC, GNMK,...
Now That Many Investors Are Playing the Hot Biotech Sector, What’s Next? Update on a sell-off.
Update-3 10/21 11a EDT Another day with a brisk sell-off in momentum stocks. Coronavirus plays hit hard: BNTX, QDEL, NVAX, OSUR etc. Is this sentiment shift from lack of stimulus or just election anxiety? After the close: CRISPR Therapeutics (CRSP) down 12.95% to $92.90 on a patient death in...
Biotech Stocks Are Poised for Another Run Over July 2020 Highs…Update-3 Stalled
Update-3 10/15 1;20P... Both the IBB and XBI are stalled at the current 2020 double top. Our new picks are holding OSUR at $14.65, PACB $14.42 and VIR at $42. 10/16 11 a BioNTech (BNTX) and Pfizer emerging as vaccine leaders.Data coming soon. ============== Update-2 10/13/20....a busy day with...
Biotech Stock Playbook in a Choppy Momentum Market…Update-3… Broad Sell-Off
Update-3 10/6...Apparently a Momentum Market needs constant feeding. Politics are in the forefront. And the COIVID pandemic lingers. Small caps did better IWM down only 0.25%, IJR flat. Large cap biotech was not a place to hide either. Coronavirus winners today : BNTX, CVAC, GNMK, INO, OSUR,...
You Want to Trade Coronavirus Stocks: Volatility is Still Too High… Update -3 Rally!
Update-3...2:20p Coronavirus Stocks on the Move-Rally Time for Traders In typical fashion in a momentum market when NASDAQ rallies biotech moves up.Big movers today (see chart below) are: pure play vaccine stocks BNTX, INO, MRNA, NVAX and Dx is strong as well OSUR, QDEL. VIR is up 9.79%! XBI...
