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Biotech Bull Market Intact But Speculation Is In Check Update 1
Life Science Stocks in Corrective Mode-Look for Support Today Update-winners could not hold tops with IBB ending day at $167, NASDAQ at 3321 The sector sell-off which began off the May top...
Rayno Life Science Portfolios With Sector Up 20% YTD 6/20/13
Rayno Diagnostics and Tools Portfolio Prices as of 5/29/13 Top 2013 Winners: ABAX, ALR, CSII, GHDX, ILMN, TMO, VRML Sector high was in mid-May Less volatile than biopharma but more dependent on...
FED No Change: Market Down 1% as Less Monetary Accommodation Likely in Future
Downside Risk to Economy Diminished So Less "Extreme Monetary Policy" In the Future? Market Stable with downward bias :S&P flat to down 18 pts-10 Year Bond Yield At 2.28% up 3.9% FED Is...
Biotech Bull Market Momentum is Easing So Watch High Flyers: AEGR,CLVS etc- Update 6/16
Biotech Sell-Off Continues Nothing dramatic but the overall weakness in biopharmaceutical stocks is continuing today despite a strong performance by NASDAQ up 1.2% at 3464. With biotech having one...
Rayno Diagnostics and Tools Update: MYGN, SQNM Update 2 June 14
6/14 Supreme Court Ruling on Genetic Tests Takes Down Myriad Stock (MYGN $30.50)-Off Another 3% but still up 13% YTD. The Supreme Court ruling opens up competition for Myriad's breast cancer tests...
Choppy Market with Macro in Forefront: Currency, Turkey, iRates
Life Science Stocks Holding Up Amidst Volatility-Stay Cautious Biotech stocks are mixed today as volatility from currency moves and violence in Turkey and the Middle East gives pause to investors....
Jobs Data Triggers 1% Rally; Life Science Sector Up 2%
Risk On With Jobs Data in Sweet Spot Life Science Stocks Rally 2+ % Stocks rose over 1% after analysts felt jobs report was "not too hot nor not too cold" extending sentiment for an accommodative...
ASCO Day 3: News and Daily Movers in Risk-Off Mode CELG,GILD,IBB,PCYC
Market Correction Is Here-IBB at 170 off 2%+ The biotech sector sell-off (IBB at $170) continues today despite an effort to rally in the opening (IBB at $178). The biotech sector now tracks the...
ASCO Day 2 Briefs and Daily Movers: ARRY,GILD,IBB,IMGN,SGEN
Apparently ASCO Is "Sell On the News" Trigger Another lackluster trading day with profit taking; the IBB is down 2.3% and trading near its May bottom with a pronounced topping pattern.Moreover many...
ASCO News and Moves: BMRN, BMY, CLDX, MRK, ONXX, SGEN Update 1 CLVS
Sell On ASCO News Due to High Expectations? Large Cap Drugs Outperform Biotechs As we move through the first day of ASCO and much anticipated clinical developments the market should not be surprised...