http://faithfamilyandtechnology.com/category/food/page/28/ Biotech Stocks Have A Strong Day-April 15 Bottom Holding
Stick with larger caps through earnings: ABBV, AMGN, ALKS, BIIB, GILD.
MOMO mid cap stocks coming back today: INCY MDVN PBYI plus many others.
Losers- Cepheid (CPHD and Pharmacyclics (PCYC)
Our biotech portfolio had a strong day with many stocks up 3% or more. The big test for large caps will be coming up with Q1 earnings releases on Tuesday- http://thebaglab.com/shop/page/4/?swoof=1 AMGN, GILD, ILMN; Wednesday-BIIB; and Friday-ABBV.
News today for stocks in our Diagnostics portfolio:
Response Genetics(RGDX $1.24) up 6.9%, one of our few laggards was up on news of a proprietary NGS panel for lung cancer.
Biotech ETFs firmed up as traders moved in : IBB ($227.34) up 2.33% up 5.5% over 5 days, (XBI ($128.47) up 2.46% well off 4/15 bottom.