Healthcare Stocks Will be Under Fire in 2016; Biotech Rally Needs Help…Update-2
Tradeable Intermediate Bottom Today 12:36P... 12/15 GILD 102.8,IBB 331 Update at Close Update...Sunday 12/13/15...Grim Outlook...Risk Off The market sunk further Friday afternoon after 3p for a NASDAQ close at 4933 off 2.33% (up 4.17% YTD) for the day.Biotech ETFS were hit even harder with the...
Nasty Day With Big Sell-Off in Healthcare and Biotech
Biotech Sell-Off Stops Bear Market Rally After a strong November and a rally from October lows biotech stocks broke down today along with the overall market. Keep in mind that it has been a bear market rally with expectations of a seasonal move up. There are plenty of possible reasons for the...
Rayno Molecular Diagnostics and Tools Update: CPHD, HOLX, PACB
Dominant Trend is Precision Medicine and Molecular Medicine Lackluster revenue growth has tempered stock gains since Q3 earnings reports however the sector has always had good investment potential due to M&A and new products. Stocks are up from October lows. Our last update was in November...
Rayno Small Caps Outperform: New Long Idea- Imprimis Pharmaceuticals (IMMY)
Look for Growth in Emerging Small Cap Drug Stocks Many stocks were in the red Monday with healthcare a lagging sector down 1%. Many investors await economic data later this week and the mid-December meeting for the FED. Biotech stocks are also weak today with the (IBB) down almost 2% with...
Seasonal Biotech Rally on Track with Green Screen; RNA based therapeutics update (DMD)
Slow But Steady Biotech Rally RNA Therapeutics-Duchenne Muscular Dystrophy (DMD) Despite some overhanging concerns about drug pricing and major setbacks from clinical trials like Clovis Oncology (CLVS) and BioMarin Pharmaceutical (BMRN) the sector looks like it wants to go up another 8-10%...