J.P. Morgan Healthcare Conference This Week: ARIA
We will publish updates this week from the Conference. As of 3:45p EST the biotech sector is rallying. The IBB is up 1.6% and the XBI is up 3.5%. Biotech stocks were helped by the buyout of Ariad Pharmaceuticals (ARIA) by Takeda Pharmaceuticals in a deal worth $5.2B. ARIA stock was up...
Wet and Wild AR Storms Hit the West Coast: LaNina Madness
AR Storms Deliver Record Precipitation-The “Pineapple Express” By now you know it seems like the coldest wettest and coldest winter on the West Coast and the next week will bring even bigger “atmospheric river” storms. Here is an update as well as weather resources:...
Biotech Blahs: Out of Favor But Great For Stock Pickers…Update-2
Update-2…1/6/17– Three Day Biotech Rally…12N EST NASDAQ at New Highs 5532 XBI is up 5 points since last Friday’s close to $63.45;The IBB is up 16 points to $280. Investors are betting on a turnaround in healthcare with positive news from the JPMorgan Healthcare...
Life Science Sector Review: Diagnostics and Tools Update
Life Science Sector: What’s Going On With Dx and Tools Stocks? We dropped coverage of Life Science diagnostics and tools stocks in January 2016 just after the severe market correction began. Of course the downdraft opened up great values in several stocks.We have reviewed selected stocks...
Biotechs Fade Again In Late Day Sell-Off
Biotechs Fade After Promising Start-Smaller Cap Winners Biotech stocks got a jump-start this morning peaked quickly then abruptly sold off at about 2p. The IBB ended down 1.33% to 268.79 off recent five-day highs of $274 and considerably off post-election highs of $293. The XBI tells a similar...