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Biotech Momentum Stalled: Headwinds Remain for August.Update-3 Flattish week with healthcare lagging
August 15..Update -3...Momentum slows to a walk but XBI holds the $110 handle. XLV flat at $107 level, IBB down 0.86% to $133.30. Coronavirus stocks still within 10% of 52 week highs: HOLX,REGN;...
Speculative Rally in Biotech Today, Is the Correction Over Already? Update-1
Update-1 Aug 6 Coronavirus Stocks Get Hit in Profit Taking Mode-Vaccine Stocks are Weak Momentum continues to ebb : XBI down 0.51% to $113.81, red screen day. Virus high fliers take a hit: BNTX down...
Biotech Traders Will Face Strong Headwinds…Update-4 BIG Tech Rules!
Update-4 Early am trading shows weakness in COVID vaccine stocks ; Investors are focused on BIG TECH.XBI down 2% to $109 level. Vaccines require constant feeding with news flow: AZN BNTX INO MRNA...
Biotech Portfolio Review: What to do Next? Update-4 Vaccine Stocks Weak
Update-4 JY 23 Midday trading: Reiterate-take Profits on COVID Vaccine stocks Big Sell-Off Today: BNTX, INO, MRNA, NVAX. Antiviral stocks REGN VIR holding up. Review and update after the close. XBI...
Coronavirus Stocks: Take a Breather-The Easy Trades Have Been Done …Update-4 AZN MRNA
Update-4 7/15 1:30P...Volatlity hits COVID vaccine players; BNTX, INO, NVAX down, MRNA up. Comment from CNBC contributor: "maybe vaccine news is priced in", shows how hard it is to play daily news...
Volatile Week for Coronavirus Stocks: COVID Vaccines are in Focus…Update-5
Update-5 JY 7 After close with NASDAQ down 0.86%, but biotechs hold. Genmark (GNMK) up 10.33% AH to $17.22 on Preliminary q2 Results. Revs of $40.1M, a 118% increase over Q2 2019, Placed 71 new...
Biotech Breakout -XBI: Portfolio Notes and Composition Update-3
Update-3...June 25-Re-opening Paused in FLA and TX-but stocks rally anyway. NASDAQ leads up 11% YTD. Trading remains volatile e.g. VIR. Bullish trend intact for biotech IBB up 1.11%. Vaccine stocks...
What’s Next for Coronavirus Stocks? Diagnostics are the Near Term Focus…Update-2
Update-2 6/20...Strong finish for biotech on Friday with XBI up 2.83% to $108.85, up 5.64% for week; and one year high. Coronavirus strong stocks for the week: GNMK HOLX NVAX RGEN TDOC VIR . Quidel...
Momentum Trading Shifts to Cyclicals and Industrials but Biotech is in For the Long Run…Update-3 Steroid treatment for COVID!
Update-3 6/16/20 at opening...Futures up on 18% increase in Retail Sales and New Potential coronavirus treatment-Dexamethasone. Low dose steroid treatment is a major breakthrough and can save...
Coronavirus Stock Scoreboard May 2020…Update-3 Rotation Out of Healthcare and Biotech
June 6... see if the Rotation Trend continues through the Week of June 8 Week Ending June 6 Performance Leaders Energy, Financials, Europe. Laggards: Staples, Healthcare. IBB off 1.95%, XBI off...