How Did Biotech and Healthcare Stocks Perform During This 2 Day Trading Rally?…Update-1 earnings deliver!
Update-1 4/25...MRK up over 3% on confirmed guidance Revs at $63-64B,EPS $8.53-8.65, Junuvia drug on Medicare IRA targeted list, gains on blockbuster Keytruda Q1 sales of $6.9B. Anxious mood from META earnings, inflation and weak GDP scare investors but recovers. AH risk appetite absorbed with...
Healthcare Stocks Are Lagging With Big Earnings Weeks Ahead…Update-2
Update-2...4/18...Sellers may be going away but buyers are still in hiding. XLV flat at $138.49, IBB down 0.99%, XBI down 1.385 at $83.48.UNH continues recovery up 2.96% at $493. Choppy tape with a reddish screen. Noted weakness in chip stocks with AMAT down 2.79% in a real "chipwreck" ,XLK...
With Healthcare Stocks Lagging Look for SMID Life Science and MedTech Trades—Update-2. PPI eases fears
Update-2 4/11.11.am EDT.,.PPI eases fears up only 2.1%. Small cap Life Science trades strong:CRMD up 14%,GERN up over 7%,.XBI holding 90. We need to look at more trades in this subsector as there are buyers ready to pounce on new ideas. Update-1 April. 10...The markets took a hit today with...
Healthcare and Biotech Stocks Review: Q1 2024 Performance…Update-3… Steady gains
Update-3 4/5/24 Steady gains with a lot of green. Small cap life science 2+% gains: CRMD, CRNX, CYTK,GERN, NTRA,RXRX,TWST. XBI holding at $90 level. Update-2 4/4/24 Stocks reversed after some early strength as small caps and momentum trades took a hit. Selling picked up on NASDAQ after 2pm...
MarketUpdate: Biotechnology and Healthcare, A Bit of A Lull. Update-1 …Broad Rally
Update-1 MRK up 5% to $131.81 on FDA approval of PAH (Pulmonary Arterial Hypertension) Drug. ABBV and LLY get small gains SUPN up 3.88%. Nice pick-up in momentum from our SMID trading list: ABOS, CPRX, CRMD, CYRX, PACB, ROIV,, VCEL, VCYT, etc, XBI up 2.38%. XLV up 1.38%. Broad market rally...