As Market Rally Broadens, Biotech and Healthcare Stocks are Looking Better…Update-3 Momentum is Selective
Update-3 9/11..Selective SMID biotechs ran up today along with the mid day reversal in the tech stocks showing speculative interest remains in the market. Watch ARKG and XBI for strength. Some big movers this week: ADPT,CRBU CRMD,DNLI, NTRA, ROIV,VCYT. But SUPN was down 7% on weak sales for a...
Biotech and Life Science Sector Update Summer of 2024
Life Science Sector Update August 2024 Nothing seems be happening lately in the market as we wait for Nvidia earnings. It's the slowest week of the year, we are at the market top and most earnings reports are good. And FED Chairman Powell recently indicated a rate cut is coming in September....
Biotech Bull Market: 3 Ways To Play It…Update-2 SMIDs still looking strong CRMD,DNLI
Update-2 8/26/24....On a 3 day weekend so no new post till Wednesday. It's a quiet week with many people taking off before Labor Day weekend. Some big SMID movers today so check them out: CRMD up over 9% , DNLI up 3.31%, IMTX up over 3%, RZLT up 8%, All with a flattish ARKG, IBB , XBI. Here...
Biotech Life Science Trades: Small Caps Are Lagging but Poised for a Q4 Rally…UPDATE-2 Momentum picking up in SMID biotechs!
Update-2 8/19..11:15 am EDT...RALLY in SMID biotechs continue with moves in ARKG and XBI. UPDATE-1 12n AUG 15...MOmentum is picking up in our SMID trading list. We are long bellwether XBI and added ARK Genomic Revolution (ARKG) as a trade because this ETF has many of the biotech names that...
Large Cap Biopharma and Healthcare, a Port in a Storm…Update-2 SMID biotechs on the green screen
8/12/24...COMING SOON MARKET DATA ON BIOTECH STOCKS UPDATE on Large Caps since ASCO. Did you buy or add to ABBV, GILD,LLY? Which SMID biotechs still have Momentum? ADPT,CPRX,NTRA etc. ===== Update-2 8/9/24 10:45 a EDT: EVH soars on revenue beat with an increase of 37.9% to $178M. GILD down...