Rayno Biopharmaceutical Stocks In a Stealth Rally-Most Core Positions Up

No changes have been made in core portfolio positions except as noted below.

See update in Seeking Alpha.

Action today with strong charts since Feb 26 Sell-Off

ALXN ($93)  stable and recovering off 1 month lows

BIIB ($178) solid performer up 8% since Feb 25

GILD ($45.34) solid performer up 6.7% since Feb 25
IMGN ($15.82) solid performer up 8.6% since Feb 25

PCYC ($76.13) losing MO, off 15% in 5 days and off

REGN ($171.6) stable and recovering off 1 month lows

SGEN ($35.58) solid performer up 30.4 % since Feb 25

Portfolio Updates-See Original Posts

New Long: Achillion (ACHN $8.73) added at $8.60 for HCV play

Paired Trade: Medivation (MDVN) short at $43, Pharmacyclics (PCYC) long at $38 for 36 point profit. Close trade.

Paired Trade:  Alkermes (ALKS) long at $23, Infinity (INFN) short at $48.66

IBB is near recent highs after 3%+ breakout


Pin It on Pinterest