Update 2/21: Life Science stocks have blown through new highs this AM Large and mid-cap biopharma: ALKS BIIB,PCYC,REGN SGEN etc ETFs: IBB ($270) and XBI ($165) at new highs Two Rayno Dx laggard stocks on the move: RGDX and VRML. ———- Rayno Life Science Stocks Roll Merrily Along IBB ($264.50)At New Highs Up 16.4% YTD […]
Profit Taking On High Fliers- INCY, MDVN, PBYI, XBI Agilent(A) Growth Slows NASDAQ Flat at 4234 12:15p EST After hitting new highs this week biotech stocks are in a wave of selling so watch technicals and volume. The small cap, speculative weighted XBI ETF is down 1.81 % after an early reversal off AM Valentine’s Day […]
With Updates Today 2/13/14 XBI at $157.8 Biotechnology Bubblet- How High Can These Stocks Run? We reviewed mid-cap biopharmaceutical valuation in early October as part of our overall market model for a sector that defies classical analysis. Two emerging growth stocks in our model focused in oncology have soared to the $10B market cap […]
Update- 1 FEB 14 9:40a PST Back Peddling on Storm: usual High Pressure Ridge-Sheckter NOAA Shows Weakening Storm For Next Week Same for Unisys Model-Blocking High Intellicast 10 Day shows ppt diminishing ————– Pineapple Express Dumps on California Sierra skiing has been bailed out for February and with a little more help from Hawaii […]
Large Cap Biotechs Hover Near January 2014 Highs IBB At $254 on 2/11/14 The biotechnology sector has come roaring back after a 5-7% correction in February. Only one stock is at a new high Alexion (ALXN $171) . Many speculative mid and small caps are doing slightly better if we look at the proxy ETF […]
Life Science Stocks Surge Ahead From February Lows NASDAQ Up 1.67%, IBB Up 4%, FBIOX up 4.72%, XBI up 5.64%, XLV up 1.7% The soaring biotech sector would not let a losing week go by and took off early Friday erasing most losses for the week 2/3 to 2/7. Institutions can apparently drive biotech stocks […]
