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Vacation Week Update-Biotech Stocks…Update-1 IBB,ILMN
Update-1 11a EDT, Large cap drugs and biotechs resume slide on drug pricing "reform" from Trump threats. IBB down 1.37%, XPH in downtrend tp $38.41. Laggards holding BIB, GILD. Winners losing MRK,...
Gene Therapy Stocks are Big Winners in 2019: VYGR, MGTX, QURE… Update-1
Update-1 A bit of a sell-off in gene therapy but MGTX at new highs at $29.44. Profit taking on Sarepta down 3.84% to $150.59. Roche (RHHBY) and Merck (MRK) near new highs. Mid-caps mixed but...
Crazy Stealth Biotech Rally Today, IPOs Strong in Healthcare
Crazy Stealth Biotech Rally in Small Caps-Who Gave the Buy Signal? NASDAQ up 0.73%, XLV up 0.70 %. MedTech and Dx/Tools also green. IWM up 1.88% to $153.63 up 14% YTD, lagging XBI up 20.7% YTD....
Biotech Stocks Muddled by Macro and Momentum is Missing…Update-2 rally day
Update-2... 6/27 2p EDT...Good day for gene therapy stocks My longs CRSP and MGTX are up. Looking better all across the screen in biopharma. Added to ABBV and XNCR yesterday. XBI up but still under...
M&A Makes A Rally Day in Biotech-Risk On…Update-3
Update-3. Red screen day, post after close, macro intervening again. BMY/CELG delayed on Otezla divestiture. Update -2 ...Week Ending 6/21-Biotech stocks up for the week but momentum easing. XBI up...
Biotech Snapshot on a Lackluster Day: CRSPR deal with Vertex Pharmaceuticals…Update-3…Pfizer Buys Array Pharmaceuticals
Update-3 6/17 11:30 a EDT Pfizer (PFE) $11B Buyout of Array Pharmaceuticals (ARRY) Sparks Rally in biotech. As usual M&A brings buyers into biotech. ARRY up 56% on Pfizer $11B buyout. XBI up...
Biotechs Piggyback FED Rally with a Little Help From ASCO…Update-3 Rally Underway
Update-3...6/7- 1p EDT... Broad Tech Rally Underway Hot stocks in life science: CRSP, GILD, GSK, ILMN, VRTX, XBI up 1.56%. Update-2 ...Bit of a rally at the close on the day-to-day tariff drama- now...
Biotechs Mixed Almost Bearish with Many Big Losers Today…Update-2 Red Screen Day
Update-2 5/31 2:15 p EDT. Impossible to invest with current Tariff Headwinds-XBI down 1.24% to $79.83. NASDAQ down 1.33%. ========= Update-1 5/29... Better Tape Today Off Lows Despite 1.1% Drop in...
Biotech Vaults Back with help from Array Biopharma…Update-2…Not a lotta
Update-2...3:15p EDT.... Mixed day-new post after close, XBI down 0.64%, IBB down 0.94%,, Dow sell-off down 0.43%. ====== Update-1 5/22... Not much follow-through from yesterday but trade-able.A...
ASCO Rally Fizzles: The nascent rally in biotech stocks fades.Update-2
Update-2...NASDAQ Rally triggers biotechs-XBI up 2.3% to $82.63 just above 2019 support level.Administration eased Huawei blocks because of trade concerns. Update -1 ...11a EDT-Biotech Red...