Rayno Life Sciences Diagnostics and Tools Update: Volatile Stocks and Slower Growth Ahead
10/7/15 Update...Still in No Man's Land...Nothing to Do See recent posts on bear market in biotech. We need to wait for Q3 earnings to find trades and longer term value in Dx and Tools. Most stocks in the sector have been hit hard since August. ---------- Slower Growth with Same Themes:...
Biotech ETFs in A Bull Market: Positioning for a Q4 Rally… Part 2..Update
Update-1... 3P September 17 after FED Says No Rate Hike-Biotechs Rally NASDAQ up 0.8% after initial surge Apparently biotech stocks are sensitive to interest rate hikes as many analysts have suggested. Biotech companies need a continual inflow of capital and would be sensitive to higher...
Biotech ETFs Up YTD But 12% Losses in August Creates Downtrend…Update-2.. 9/4
Update -2... 9/8 Rally Time Today Forecasted by Friday's Action ETF Summary -One month and YTD % FBT (12.36), +9.2% IBB (8.9), +11.3% XBI (10.12), +17.27% The five star Fidelity Select Biotech Portfolio (FBIOX) pretty much tracks the IBB up 11.66% YTD and down (8.52) for one month. Three...
Biotech Rally: IBB up 1.8% Just Above 340 LT Support…Update-1
Biotech ETFs Rally Back This Week 8/28 After Close The IBB closed at 353.28 up 0.68% and up 3.95% over 5 days. Next week we will provide an analysis of three ETFs -FBT,IBB and XBI- compared to one large fund the Fidelity Select Biotech Portfolio (FBIOX). All of the ETFs recovered and were...
Biotech Breakdown Leg #2: Another Nasty 4% Hit
Nowhere to Hide in Another 4% Correction 8/25/15 Futures Look Promising at 11p EDT; NIKKEI 225 UP 4.8% Today's market reached epic proportions of volatility and extremes exacerbated by a DOW opening "flash crash" off 1100 points that distorted faith in market mechanics. Several long time market...