Good Entry Point for Biotech Stocks…Update-2. Healthcare Stocks up with XLV up 1.5%
Update-2 ...4/6 In volatile end of day trading with Tech stocks and the NASDAQ hit hard down 2.2%, healthcare stocks were winners with the XLV up 1.5%. Other sector winners were staples, energy, real estate and utilities. As one pundit put it, " the FED is intent on wealth destruction" to curb...
Biotech Funds and ETFs Continue to Lag…Update-2
4/1/22 Blah market but biotech and healthcare holds.Rally at last 30 min. Spec small caps on a green screen with both ARKG and XBI up. We are trading these stocks off a bottom. IWM up 0.9% to $207 level. Gene therapy stocks rallying: CRSP, EDIT, NTLA. Large caps strong:LLY, MRK, RHHBY, VRTX....
How do Biotechnology Funds and ETFs Perform Over Five Years? Update-2
3/25 2:30 p EDT Large cap core holdings near 52 week highs: ABBV, BMY, MRK, REGN, RHHBY, VRTX. Recent trades doing well: EDIT, EVH. Sold MRNA at a small profit. XBI stalled near $90. SMIDs in the red. Vaccines losing ground BNTX, NVAX MRNA. Energy financials and materials lead market up. ======...
Tough Slogging Ahead for Investors, Diversification is Important…Update-5 Traders Rally!
Broad Market Rally-Russell 2000 up 1.69*% ,small caps soar off bottom. Update-4 March 17 Strong week trading rally favors beaten down momentum stocks: CRSP, CYRX, TDOC, PACB, VCYT. And led by momentum small cap ETFs like ARKG and XBI. Evolent Health (EVH) is up 20% since we picked it months...
Healthcare Stocks Rally Through Market Turmoil…Update 2 Rally time after FED Meeting
Update-2 3/2...Broad rally takes all sectors higher. Powell confirms 0.25% rate incr and talks the talk.A bit of rotation to the re-opening trade with industrials, ag and rails moving up. Core large caps up:ABBV, GILD, JNJ, REGN,VRTX. Med-tech up: ABT,IHI,ISRG,MDT, SYK. SMID lagging but bought...
