Blog / Archives
Broad Sell-Off Nails Biotech Stocks As Well…Update-1
Update-1... 3/19. Close is off the lows for Biotech Indices QQQ gap down to $167.10 also at SMA 50 XBI at SMA 50 bottom of channel at $91.89 XLV at $84 approaching February lows of $81 It is very...
Weak NASDAQ Leaves Biotech Stocks Stalled…Update-1
Update-1 ...March 18- Market jittery on potential global trade war, rising interest rate concerns and political risk. Also Sales to U.S. retailers fell 0.1% in February a 3 month slide....
Biotechs Buffeted by Macro News But Should Continue to Outperform…Update-1
Update-1 March 10... Broad Rally Continues Through The Week QQQ Up 4.3% IBB up 4.3% XBI up 4.8% Gene Editing Stocks Surge Biotech stocks soared along with the market as fear about interest rates,...
Sluggish Tape And Possibly An End to Celgene Woes?…Update
Update after close 2/28/18 Tape deteriorates at last hour of trading, a familiar pattern: IBB down 1.83%, QQQ down 0.64%, XBI down 1.88% for day. Biotechs still up YTD with XBI;FBT down 2.35% but...
Large Cap Biopharmaceuticals Performance Update 2018: Part 2
Large Cap Biopharmaceuticals: Winners and Losers, Takeaways Here is a brief analysis from data below. Data Sources : Google Finance and FinViz.com. Our Top Picks continue to do well: Abbvie (ABBV),...
Rayno BioBeat 2018 #2: Biotech Deal Sparks Rally…Update-1
Update-1 ...2/17/18 Good Week for Biotech: FBT up 6.29%, IBB up 4.44%, XBI up 6.26% Biotech stocks continued their strong recovery from the big sell-off in the prior week but about 3% under 2018...
Large Cap Biopharma Performance Update 2018-Part 1
Large Cap Biopharmaceuticals Performance Part 1- After Correction Technicals: we are holding the December 2017 bottom but 2018 gains on some indices have been wiped out with peak values on Jan. 26....
How Bad Was The Biotech Selloff Last Week?…Updates-2/6
Updates-2... 2/6/18 Biotechs Down With Overall Market Over 5 Days Closing Prices as of 2/6/18 XBI up 3% at $91.05 down 5.34% over 5 days IBB up 2% at $109.36 down 7.35% over 5 days QQQ up 2.65% at...
What’s Next After Profit Taking Hits Biotech and Drug Stocks?
Profit Taking Hits Biotech Stocks Disruption Coming to Healthcare? Another Round of Sector Rotation? The biotech sector hit a wall after breaking through to new highs last week. The major news that...
West Coast Weather Update: LaNina Hell Comes to California…Update-1/28
Update-2 Weather.com Confirms Warm Dry Outlook for February Finally recognition of drought conditions. Look for changes in five days or State needs to announce conservation measures. Update-1...