What to do after the Worst Week for Healthcare stocks since March 2020? Update-1 NOV. 24
Update-1 11/20/24 ...Can UNH save the healthcare sector, up 4.08% to $600+. Large cap biopharmas show some gains: ABBV up 0.71%, AMGN up 2.83%, GILD up 1%,LLY +0.3.24%, MRK+0.93%,VRTX+0.71%. XLV up 1.18% to $142.88. SMID caps: GEHC up 2.88%, NTRA up 3.57%, SUPN up 1.66%, VCEL up 2.56%,XBI up...
Biotech Stocks Are Rallying: What is your Playbook? Update-4…red screen day
Something Happened Update-4 11/16/24...I hate to write bearish copy but its been a bad week and the market looks pretty negative right now. What am I a day trader? Sheesh. Healthcare stocks are getting pummeled with the XLV down 2.98% MTD and up only 4% YTD! The XBI is DOWN 7.53% MTD...
Smaller Cap Biotechs Are In Season: How are we doing?…SMID biotech rally continues !
11:11 am on 11/11/24....SMID rally continues led by ETFs and seasonally XBI up 0.85% to $105 level. STRONG MOVERS: ARKG, ADPT, CRBU, CRMD,CYRX, DNLI, EVH, PACB, VCYT etc SMID Biotech Stocks are Primed for GOOD GAINS With election uncertainty over and a benign MACRO with rate cuts, small cap...
Volatility Hits Large Cap Biopharma: Active Rebalancing May Be Required…Update-4…ABBV BMY
BIG Movers today from two of our longer term portfolio picks. Update-4...11:11am 11/24...ABBV down over 10% ,BMY up on Abbvie Phase2 Schizophrenia drug failure. MRK also weak down 2%. Update-3 11/7...Gilead Sciences (GILD) beats stock trending toward $100. Product sales increase 7% to $6.7B,...
BIOTECH Momentum Trades for the Q4 Rally…Update-2 ABBV, LLY…FBIOX
Update-2 11/1/24...Market recovered from big losses yesterday with some buying in to XBI to the $99 level again.IBB remains choppy but up about 1% for the week. LOTS of green among SMID caps today: ADPT, CRBU, CRSP, DNLI, ILMN, EXEL, PACB,TEM etc. KUDOS to Fidelity Select Biotech Fund (FBIOX)...