Biotech Bull Market is Intact but SMIDs Are Too Volatile…Update-1…Healthcare holds up during technology sell-off
Update-1 JY 24...Healthcare Stocks held up well during today's technology sell-off. NASDAQ stocks took a big hit today with the QQQ down 3.59%.We can say it was caused by the Google earnings report as technology analysts tried to read beyond the actual numbers which were good. One question had...
Biotechnology Stocks Showed Nice Gains for the Week-Look for the Momentum to Continue…Update-3… Sell-Off continues
Update-3 JY 19...3:15 EST.. Market still down little but coming back. CNBC offering positive comments on biotech, tape looks better. I had a nervous trigger finger yesterday selling my profitable NTRA and its coming back today but Ill wait to get back in.. SMID movers today : CPRX,...
Healthcare Stocks Continue to Lag the Market-Can Anything Help ? Update-3 SMIDS surging!
Update-3 ...7/11...SMID biotechs rally on a big rotation day out of MEGA Cap tech.XBI up 2.67% "kissing" the $98 level.Nibble on our Life Science trading list as it is another "green screen " day. Even the IBB broke through $140 today up 2.36%. SMID momentum stocks today: ABAX, ADPT, CPERX,...
Trading SMID Biotech Stocks in a Volatile Market…Update-2 7/6
Update- 7/6...The XBI model works as expected-if the XBI has momentum the chances are very good your SMID biotech stock will rally. The following stocks show gains or minimal losses over the past year. Stocks showing trading gains are : ADPT, CRSP, GERN, NTRA, RNA, TWST, VCEL. Update-1...
Healthcare and Biotech Investing: Breakthroughs in the Treatment of Cancer at ASCO…Update-4….6/29-MRK!
Update-4...6/29....I'm back but I did not miss much in biotech trades, but a lot of "3 day wonders'" you know stocks that get momentum then quickly fade. The XBI is still holding above the $90 support level with a range of $89.13 to $94.88 closing Friday at $92.71 so nimble traders could have...