Happy New Year 2021!
Happy New Year 2021! We had some technical issues with our WEB site that were compounded by holiday support availability. In the coming weeks we want to provide important life science market updates. As you know early January can be volatile from the earnings updates, clinical news and virtual...
Healthcare Investing Made Simple-Getting Worn Out From Trading?…Update-1
Update-1 12/21...a good day despite flat indices with the XBI up 1.68% to $150, IBB flattish at $156. Momentum still favors small cap speculation. Gene therapy stocks are running hard but I own EDIT up 29% to $84 ! Other big movers are CRSP,NTLA and SGMO. Coronavirus stocks are strong with new...
Rayno BioBeat December 2020: Frothy Days Are Here Again-Momentum Traders Rule-Update 1
Update-1. 12/15...With Biden being declared a winner the focus of macro turns to stimulus talks and the FED Meeting tomorrow. The market ebullience returned today with all major indices up over 1%. The Pfizer vaccine is rolling out with Moderna expected next. With sellers holding off till 2021...
Healthcare Stocks Perk Up Amidst the Speculative Fervor-Risk On…Update-4…EDIT,SGMO.
Update-4 12/10....Nice snapback rally in NASDAQ up 0.54% with many nice moves in gene therapy from ASH. XBI up 3.69% ASH gives us two big wins : EDIT up 32% on IND application for sickle disease; Sangamo (SGMO) up 50% on Hemophilia A gene therapy. Gene therapy covered at JPM . Core biotech...
November Rally In Biotech with Small Caps Taking Off
November Rally in Biotech and with Broadening to Other Sectors Small caps taking off including XBI up 12%, IWM up 16.5% (11.2% YTD). Healthcare lagging a bit with the XLV up only 3.35% vs SPY up 7.5% (12.6% YTD). Re-openng trade movers: XLI up 14.75% at $88.11; XLE up 34.54% at $38.91. The...
