Busted Biotechs Week ending 3/18/16: The Only Good News Could Be Holding the February Bottom…Update 3/22
3/22/16...Update Biotech Rally Enters Fourth Day-Green Screen XBI up 7.34% Over Five Days to $52.49 Our new picks were up today: ABBV,BLUE, BMY,GILD. But Gilead Sciences (GILD) was down after hours as Merck (MRK) HCV patents were found valid in dispute. A jury will decide how much Gilead owes...
Monday Movers in the Biotech Bear Market…ALNY, GILD, GWPH
Tuesday 12:45pm EDT Update on a red screen day: Healthcare sector lags down 1.6%, biotechs now being crushed IBB down 3.1%,XBI down 5%! -------- Look for Value +Growth Picks in a Biotech Bear Market Marijuana Strengthens Clinical Status Review our assumptions from previous posts: Biotech...
Biotech Bear Market Rally is Fading…
Biotech Bear Market Rally is Fading but Traders Are Favored Long Term Concerns on Drug Pricing Remain The biotech sector is still lagging other sectors in 2016 down 20.93% with the IBB compared to the S&P 500 (SPY) down only 2.19%. The IBB rallied over the past week in what looked like a...
Biotech Stocks Get Traction But Still Lag Broader Market…Update-2…Rally Mode
Update-2... Broad Tradable Rally Continues 12:30 PM EST XBI leads IBB today up 4.2% vs 2.9%. XBI at $54 is now up 9.55% over 5 days and well off Feb. 11 bottom of $44. This is a broad rally today with most biotech stocks up and the most speculative stocks are big movers. Check your holdings...
Can El Nino Finally Save the West Coast Winter? Yes!
Update-1... 3/4/16 20-40 inches this weekend: Mammoth Mountain Snowman Report ------- Breakdown of High Pressure Ridge Will Bring Storms Next Week Over the past two weeks El Nino has gotten no respect despite assurances from NOAA forecasters that El Nino is still in effect and predicted...