Biotech and Healthcare Portfolio Playbook for December 2023/24…Update-1…XBI spikes
Update cont.,,,New picks had a good day: ABB up 2.81% PFE up 1.3%, in strong drug group. But November ever for S&P. PCE inflation downto 3.5%, PPE up. Update-1...11/30. 11a Dealmaking perks up biotech with XBI up 4% to $76 handle. Abbvie buys Immunogen (IMGN) for $10.1 B for targeted...
Are you a Trader or Investor: Biotech Momentum Is Picking Up…Update-1
Update-1 11/22...Another good day but as the S&P 500 approaches 4,600 we are near the top of the range from Aug 1, when the recent sell-off began. The QQQ hit a new high at 390 exceeding the JUL 19 high of 385. Small cap biotechs that we track continue to have within day volatility masking...
Another Weak Month for Healthcare and Biotech Stocks: What’s going on?,,,,Update-2….Small cap rally!
Update-2 Small cap biotech rally continues..11/15/23.. 10:30am EST......As per previous post we are now in the beginning of an SMID Rally.See our post from last week with potential trades many of which are already up 10% or more:ABOS, CRBU, CRSP, CYRX, PACB, SUPN, VCYT...XBI up 2.2% at...
Risk On for Biotech-Time To Trade the Small CAPS!…Update-2…caution?
Update-2 11/10/23...Reversal from yesterday's bad tape, back to TECH stocks and NAZ up 2%. Small caps up but lagging same for biopharma. Hologic a big winner, other SMID winners: CRSP, QDEL,SUPN, VCYT--ILMN a big loser. IBB up 0.48%. Update-1 2:15 P EST ...Something is rattling biopharma...
Healthcare Playbook: Hardly Defensive with a Covid Hangover in Biotech…Update-2…smallcaps moving!
Update-2 11/4/23...Small caps starting to show momentum after a big week with QQQ up over 6%, IWM up 7.56%, IJR up 7.45%. Seasonality of Q4 gains off to a good start. Broad market rally was sparked by lower bond yields. Even MRNA launches off bottom after disappointing earnings, big write-off....