Archive | October, 2018

Biotech Bull Market Under Pressure: Now Flat to Down in 2018…Rally 10/16!…Updates

1800 mg neurontin Update at 3:15p EDT10/23 looks like vicious selling is over as more green shows up in biotech mid-caps and market trending up near flat line. Biogen (BIIB) up slightly to $318+ after earnings. Update at 9:30a EDT 10/23 NASDAQ Futures Down 1.8%+…XBI breaks through support at $83.55, down 5% YTD and 17% off Sep 1 top. […]

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Biotech Momentum Lost Mired in Macro-Economic News Cycle: China, FED,Trade etc.

buy discounted orlistat online Biotech Momentum Lost Technical Breakdown: XBI Near April Bottom but XLV Looks Good Market Looking for Growth from Large Cap Earnings 10 year auction has tepid demand at Yield of 3.225%, NASDAQ at 7602 own 1.75% (Prices as of mid-day 1:30 p EDT) Biotech momentum losses were triggered by a reversal in investor psychology  because […]

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Rayno BioBeat #6: Biotech Sell-Off with Broad Market Concerns…Updates

follow site Update 10/5/18 Very Weak Technicals after Biotech Sell-Off NASDAQ market closed off the lows down 1.16% at 7788. Biotech ETF IBB down 1.15% just above 3 month support of 116. Biotech ETF XBI down 1.51% at 90.45 broke downtrend line and May support at 92. More losers again but a several winners: e.g. BLUE,CRSP,IONS,RHHBY. Our […]

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