Tech Stock Momentum Wanes but SMID Biotech Has Momentum within a Rising Healthcare Sector
Healthcare Stocks are Rising and SMID Biotechs Have Momentum Many great companies are lurking in the health science sector: A, DHR, ILMN, NTRA ,WAT. ASCO boosts SMID biotechs with more M&A coming: XBI up 9% YTD, IWM up 15% YTD. MEDtech has great companies at bargain valuations: ABT, DHR,...
SMID Biotech Momentum Has Begun with Several Breakouts…Update-3 TECH Sell off!
Update-3 6/7/26….Update after massive NASDAQ and Information Technology sell-off: The XLK fell 6.66% on 6/5 to $180.30.Strong support at $172. Strongest holdings AAPL and NVDA. Down 5.61% for week.Up 25.2% YTD. THe XLV was up 0.61% on 6/5 to $153.Strong support at $146. Strongest...
What’s Next for this Rolling Bull Market?…Update-2 Biotech Movers with ARKG and XBI
Update-2 5/30....Another big week for tech stocks wowee more FOMO. As the TV journalist saiid just buy anything related to Data Centers. Here is the sector performance for the past week from State Street with Information Technology up again 4.62% and Healthcare up 1.84% with Energy trailing...
Large Cap Biopharmaceuticals Are in Buying Range with Good Value…Update-2 Rally mode in healthcare
Update-2 5/23/26…Nice comeback for healthcare sector as the XLV is up 3.3% for the week but Technology continues to run with the XLK up 2.3%. But this was really a large cap rally with the PPH up 4.12% and the IBB and XBI trailing up about 1%. So we had some rotation into value and...
What’s the Next Sector Rotation trade after the S&P 500 Gained 1.8% last week and Chip stocks Soared? ….Update-3
Update-3..5/18-10:36a EDT…IBB and XBI down 1% but tape still looks good with several movers up:CRMD up 3%, NTRA up 4.37%,PSNL up 8.5%, VCYT up 5.5%. Large cap biotechs poised for gains: ABBV, BMY,MRK, NVS .Detailed report coming. Regeneron Is down over 10% on Ph.3 Melanoma drug...