El Nino Update SoCal…10/16///11/11
11/11 Update Strongest El Nino on record! Forecast Shows Very Little PPT Over Next Month Headline in today's LATimes says the new El Nino forecast will reach far north. But despite strange damaging local storms North of Los Angeles a rainy pattern is not coming over the next ten days. However...
Biotech Bear Market: After the bubble burst…Update-1… 10/15 Rally
10/15 After the Close... XBI Up 7.26%...Green Screen...MOmentum is back Biotech stocks soared today in a broad rally showing a good appetite especially for small and mid-cap stocks. This could be a counter-trend rally in a biotech bear market but there is a lot of money on the sidelines ready...
Biotech Bear Market Trends #5: Update-3
Another Rally from FED minutes...except biotech 10/8/15 ... BIOTECH-Another test near 2015 lows in early AM ; choppy downtrend but look for a bottoming process as market is turning up toward close: IBB at 306 down slightly after reversal XBI down 1.7% to 63.3 XLV now green 10/5 9 AM ...Rally...
Biotech Bull Market: Trends to Watch #4
After the close 9/25...The bio-bubble has burst. XBI down 6.85%, IBB down 4.91%. Can healthcare sector recover? ----- Bull Market Intact But Sentiment Has Turned Negative The severe 20%++ correction in the biotech sector is getting a lot of bearish commentary particularly after the Hilary...
Biotech Stocks Crushed on Drug Pricing Issue: Caution…Update-1
Update-1... 9/22/15 ...Biotech Stocks Trade Down Another Day Biotech stocks were weak tracking NASDAQ which was down 1.5%. The IBB was down 1.49% to $335.40 flat over one month and up 10.57% YTD. The August low was $325 and the IBB is 16% off July 20 highs. The small cap weighted XBI was down...