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MarketUpdate: Biotechnology and Healthcare, A Bit of A Lull. Update-1 …Broad Rally
Update-1 MRK up 5% to $131.81 on FDA approval of PAH (Pulmonary Arterial Hypertension) Drug. ABBV and LLY get small gains SUPN up 3.88%. Nice pick-up in momentum from our SMID trading list: ABOS,...
Healthcare and Biotech Update with Market at 2024 Highs…Update-1
Update-1 JY 20 at the close after Powell and the FED announced rates remain unchanged with 3 planned rate cuts expected in 2024. Inflation remains sticky in a strong economy. All major indices hit...
SMID Life Science Trades: Its a bull market but harder to pick small cap biotech winners because of volatility…Update-4 GERN,SUPN, XBI.
Update-4 3/19..2:40p EDT..Stealth rally pre-FED day, call it an AI rally as all major indices are up. 10 year at 4.295%.If TSY yields stays down then small caps can follow: SMID Biotechs UP today...
Healthcare Shares Lag As Investors Get More Bullish, But Volatility Rules….Update-3
Update-3 3/6/2..The XBI huffed and puffed but could not break out from $100 today so my call stands that speculating in SMID biotechs is risk off. The less volatile IBB held near the $138 level....
Investors Try Life in the Slow Lane with Healthcare Stocks…..Update-4 SMID Biotech Rally Fading Already?
3/1/24...Still plenty of good biotech trades around as XBI recovers over 3% to $101.53. Big movers today were: ABOS, CRMD, DNLI, GERN, IMTX, SUPN....
Healthcare Stocks Are Looking Better But What About Biotech ?…Update-1
Update-1 2/23/24. You know the story by now it's all about AI and NVDA. As my friend said in the mid -90s "there is no end to chips Rod". Overall one of the best weeks for the market but of course...
Large Cap Biopharmaceuticals: Performance Metrics..Update-1
Update-1..2/15/24...Post from 9/23 biotech bottom when we picked ABBV,GEHC. Near/at new 52 wk. highs : ABBV, LLY, MRK, VRTX, XPH etc. Update- -2/12/24....Gilead Sciences responds immediately to...
Healthcare and Life Science Funds and ETFs Performance 2023-2024
Healthcare and Life Science Funds and ETFs Healthcare stocks usually provide a defensive posture to a stock portfolio. SMID biotech stocks have been in a bear market since late 2021 but they are...
Biotech and MedTech Portfolio Notes on a FED Day…Update 4… 2/15 Small cap rally continues
Update-4. 2/15....2:30p EST XBI pushing for new 52 weeks highs at $93.61. Biotechs/medtechs strong: CRBU, CRMD, CRSP, CPRX, CYRX, ILMN,SUPN, TWST, VCEL. Update-3 2/6..3P EST Some of my SMID caps are...
Momentum Shifts Back to Tech Stocks as Healthcare Lags in 2024…Update-5 Movers Alert: DHR TMO.
Update -5 1/28/24...Weekly Summary Healthcare Sector: XLV flat for week down 0.14% to $139.27, IBB up 0.13% to $135.35, XBI up 1.37% to $88.24. Pivotal week coming up with FED day Wednesday and MEGA...