http://ourdentalplan.com/?iapolo_com Downside Risk to Economy Diminished So Less “Extreme Monetary Policy” In the Future?
FED Is Optimistic about the economy: housing, consumer sentiment, financial backdrop but with fiscal drag. Bond purchases are tied to the economy.
Bond mavens such as Bill Gross and Jeff Gundlach see “tapering” as a slow process so 10 Year TSY likely to stay in range above 2% and below 2.5% and are bullish in short term for long term treasuries.
Rayno Life Science Portfolios
- Maintain caution and raise cash positions.
- No Change in Portfolios.Stocks are weak today.
- Winners with 1 hour trading to go: ACHN, EXAS, QGEN, SQNM
- Significant 1%+ losers: ALKS, AMRI, BIIB, HOLX, PCYC,REGN
- IBB at 174