Blog / Archives
Biotech Sector Hits New Highs On “FED Rally”: ALKS, ASTX, IBB, VPHM
"Yellen" Effect Boosts Markets-FED Policies Clarified With Larry Summers dropping out as a likely candidate for FED Chairman the market may be assured of a continuation of current FED policy. The...
Mixed Tape in Biotech with Several Rayno Winners: ARRY, BIIB, ILMN, RGDX
NASDAQ Struggling As AAPL Down 5%--IBB ($205.36) off 0.4% Near All Time High of $207.78 The market is trying to continue its resilience since the hits on Syria were postponed pending Russian efforts...
Money Talks, Stocks Run, Don’t Walk and Biotech is Up 1.4% Update 1 ASTX up 23%
M&A Moves Down the Food Chain: Otsuka to Buy Astex for ~$900M Astex Pharmaceuticals (ASTX $8.22) has been on our focus list since 12/27/11 at $1.63 and today the stock is up 23% on buy-out...
Are Biotech M&A Premiums Already Built-In? Valuations Do Matter.
(Published this am in Seeking Alpha) Onyx Pharmaceuticals (ONXX) $10.4B Buy-Out Fuels Speculative Deal Lists We have written extensively on the life science bull market and its underpinnings: cheap...
Stocks Snap-Back After Sell-Off: NASDAQ Up 0.55%, ASTX Soars
But Uncertainty Clouds Intermediate Term Economic Outlook: Oil prices, Emerging Markets, Russia and the FED Concerns about another Middle East war and a spike in oil prices waned a bit today but...
Rayno Life Science Stocks: Deals Propel AMGN RGDX
Life science stocks resumed their upward trajectory today with major ETFs (FBT,IBB,XBI) up over 2% and a green screen for the sector. Mid-cap biopharma stocks are strong once again. The IBB hit an...
NASDAQ Trades Halted on All Stocks 2 Hour Lockdown on NASDAQ Update
Update 8/26 Best idea on securities exchanges: Randall W.Forsyth in his Barron's Up and Down Wall Street column recommends that the NASDAQ and NYSE are put under the watchful eye of the NSA. And...
Biotechs Rally After FED Minutes-Sharp Comeback Update—- after close
Very Strange Whipsaw Day Who is in charge of this market, humans or computers? Earlier: My biopharma screen has gone green. Maybe "taper light" scenario means buy biotech as macro and...
Pure Play Diagnostic Companies-Metrics After Q2 Earnings: ALR, QDEL and TMO
Diagnostics Company Stocks Are Off Their 2013 Highs Life science tools and diagnostics stocks are near all time highs despite stretched valuations because of a strong secular biotech bull market and...
Pivotal Week Coming Up For Stocks: Can Technicals Hold With Little News?
Tempering, Tapering and Transition A mild sell-off shifted momentum to the bears last week as countercurrents and seasonality comes into play. Heavy vacations in August transition to Labor Day...