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2018 Biotech Sector Watch on Earnings #2: ABBV, ALXN, BMY…Updates VRTX
Update 4/30... Vertex Pharmaceuticals (VRTX) Beat Consensus by 4% Financial Results: CF Revenues rose 33% Q'18 o Q'17 from $481M to $638M; GAAP net income down 15% ,$210M from $241M. Two Phase 3...
2018 Biotech Sector Watch on Earnings #1: AMGN,BIIB…Updates
Update 4/25: Investors May See Value in Large Cap Biotech Amgen (AMGN) up 1.68%. Biogen (BIIB) holds Tuesday lows of $262 Up 2.78% today. IBB flat at $103.26 More earnings tomorrow but it is all...
Biotech and Pharma Stocks Await Q1 Earnings But Gene Editing Stocks Sell-Off
Speculative Biotech Stocks Sell-Off in Profit Taking: Gene Editing Biotech stocks held current levels but small caps and speculative stocks sold off with the XBI down 1%. Most large caps were in the...
Biotechs Stalled and Get No Help From Monday’s Market Moves…Updates
Updates: 4/19/18 GWPH hits $143 new high, then sold off holding $134 level, after big move from $105 on cannabis drug for severe epilepsy FDA Advisory go ahead. Biotechs broadly in the red except...
Biotechs Bounce off Bottom on Novartis Deal but Fades Later in the Day…Updates
Updates 4/11/18 Biotechs Holding Above Recent Bottom 4/6/18 FBT up 2.8% over 5 days, up 6% YTD XBI up 1.77% over 5 days, up 2.19% YTD IBB down 0.72% over 5 days, down 3.67% YTD Busted Biotechs...
Busted Biotech Stocks: Where Do We Go From Here?…Updates
4/17/18 Latest portfolio changes are working: CELG at $88, XBI at $84. all based on technicals. ========== Busted Biotech Stocks Get No Help From the Overall Market 4/8 Update XBI down 3% on 4/6 and...
2018 Large Cap Biopharmaceutical Stocks : First Quarter Performance Update
2018 Large Cap Biopharmaceuticals - Performance Compared to ETFs It has been a rough start for large cap biopharmaceutical stocks but the ETFs (FBT) and (XBI) still outperformed the SPY YTD and over...
Rayno BioBeat #3…Biotech Bull Market Intact Despite Shaky Start… Update-1
4/2/18 12:30P Update Biotechs break through 2018 support levels with XBI now needs to hold December lows at $80. IBB at double bottom hit in November/December at $102 level. Watch Mid-Cap list below...
Market Rout: Biotechs Busted In Turmoil From Tariffs…Updates
Sell-Off Gets Scary--NASDAQ Futures Still Down at 1:30A EDT 3/28 Double Bottom -Double Top on XBI and Testing February Lows at $87 Another Sell-Off=Tuesday Movers 3/27/18 Large Caps % Up-NONE FBT...
Biotech Green Day Despite Tech Turmoil: Good Tape Action…Update-2 ABBV
Update-2...3/22 ABBV News Kills Momentum of Biotech Stocks 12:30P EDT Abbvie (ABBV) down 13.5 % on disappointing results on blood cancer drug. The big issue is that the drug was recently acquired...