High Volatility Among Individual stocks with Few Trends…Update-4
Update-4. 4/3 11:45A... Mid and Small Cap biotechs are momentum leaders: XBI hits 2019 high at $92.50. Update-3 4/2/19... Biotechs Outperform Major Market Indices Gene therapy stocks rally big: SGMO 28.96%, VYGR 7.38%, CRSP 6.91% NTLA 4.9% MGTX up 4.6%, etc. Most Mid-Caps green: BPMC up...
Biotech Green Screen: Sketchy Recovery is Underway…Update-3
Update-3...3/29 1:15p EDT. Biotech stocks catching bids today after a choppy week of trading. We will recap our top small cap picks from the JPM Conference after the close: AMRN, GNMK and TDOC. BIIB up again to 237. CELG up over 7% as prospects for BMY deal look good. ====== Update -2......
Biopharma Stocks Rally and Gene Therapy Stocks Are Still Hot (Not?)…Update-2
Update -2 March 24...Concerns about global growth, an inverted TSY yield curve and the German 10 year bond yield dropping below 10% triggered a major sell-off on Friday.The Russell 2000 dropped 3.62%. and the XBI dropped 4.62%. For the week ending 3/22: the XBI was down 4.3%, IBB down 5.3%, FBT...
Biotech Stocks catch a Second Wind Helped by Tech Stocks…Update-4
ALERT 3/21/19...BIOGEN (BIIB) down 28% to $233 after dropping Alzheimer's Disease late stage trial; another failed clinical stage drug in AD. (more later). IBB down 2.5%. ====== 3/20/19...a whipsaw day...Powell comes to market rescue with "economy is growing at a solid pace" and leaving rates...
Sideways Market Vexes Traders: Biotech Stocks are Fading…Updates-3 Rally Time!
Update-3...3/11...Gene Therapy stocks go green screen! Big 5% winners: VYGR NTLA BLUE EDIT See complete list below (paste list into yahoo finance for tracking) Update-2...3/11...Market gets support from 60 Minutes-Powell comments and Gene Therapy; NASDAQ up 1.77%; XBI up 1.74% to $87.94 as of...