Snap-Back Rally In Biotech-But Lagging Other Sectors
Global Rally Today But Healthcare Sector Lags A Bit DOW up 1.49% at 17,976 NASDAQ Up 1.15% at 4947 Healthcare up 0.93% We are in Day Two of the biotech rally that was sparked last Friday with the rumor supported by a Deutsche Bank analyst that Biomarin (BMRN) was a takeover target. The Company...
Risk Off For Biotech Trades-BIIB, GILD, XBI…Update-2
Update 3/25 Mid-Day Trading NAZ Off 1.55% at 4917 "Bubble Talk" Picking Up-Mid Caps Vulnerable Biotech sector selling picked up today with a dramatic shift in sentiment exacerbated by an overall weak market. Also durable goods fell unexpectedly 1.4% in February indicating weak global...
NASDAQ Up -Biogen Idec Triggers Rally In Biotech
Biotech Stocks Are Soaring In Pre-Market Update at Mid Morning NASDAQ Up 39 to 5031 Healthcare Stocks Continue To Lead Biogen Idec (BIIB) Up 10% On Alzheimer Disease Phase 1 Data Encouraging Phase I data on aducanumab with 166 patients shows acceptable safety and amyloid plaque reduction...
Biotech Bull Market-Trends to Watch #2: ETF Review-FBT XBI
Biotech and Healthcare ETFs Hit An All Time High--Another Rally Coming Today 3/20 M&A: Recent buy-outs of Cubist (CBST) for $9.5B and Pharmacyclics (PCYC) for $21B have raised the valuation bar. The healthcare sector remains strong and biopharmaceuticals are key to sales growth....
Rayno Life Science Portfolios: AMGN,CLVS,ILMN,RGEN,TMO…Update 3/18
March 18-Stealth Rally With A Tempered Tape In Biotech NASDAQ up 0.92% Biotech stocks lagged the surprising FED rally today maybe because money was moving to other sectors.This bears close watching because only this week biotech stocks hit a new high.Money may be moving to lagging sectors like...