Stealth Drought Hits Sierras and California

Stealth Drought Hits Sierra Nevada in 2020 Dry Spell Yet Ahead But Previous Wet Years Have Allayed Concerns. I just heard from my son that Bridger Bowl near Bozeman, Montana had  6 ft of snow since FEB 1 and 220 inches for the season.But here in SoCal we have had only trace amounts of rain in 2020 and Mammoth Mountain is high and dry for many weeks.But we have had two good wet years out of five so the recent dry spell has not raised concerns yet. Here is a quick review of period history in...

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Raygent Focus Stocks -2020: Bristol-Myers, (BMY), Glaukos (GKOS),Teledoc (TDOC)…Update-2

Update-2 Mid-day trading 2/21 NAZ down 1.14%-Biotech stocks held their levels on a down day. Most large cap Raygent focus stocks are in green: ABBV,BMY,GILD  up 4%, RHHBY. Mid-caps are mixed but BMRN is up 5%. Healthcare sector was a leader up 0.1% ============ Update-1 Feb 19 A Risk -On Day with NAZ leading up 0.87%, IBB up 0.87%, XBI up 0.8% BMY down 0.54%, RHHBY up 1.44%. GKOS down 0.785, IHI up 0.67%. TDOC up 0.1% to $117.36. We are adding to mid-caps:  CRSP INCY. ============= Raygent...

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Large Cap Biopharmaceutical Companies-Metrics and Valuations…BMY VRTX

Large Cap Biopharmaceutical Companies - Q1 2020 Update The IBB is at $122.69 near the 52 week high but short of 5 year high of $132.53 from Jy '15. FWD PEs of sector are still lower than the market with S&P-500 at 18.9x. Good growth expected. Our Top Picks have done well especially after October 2019 re-balancing: ABBV BMY MRK RHHBY (not in data-ADR). We favored large caps over smaller caps recently. Best stock performance for 12 mo. period are BMY -(CELG) and VRTX. GILD remains a laggard...

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