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...
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...
Rayno Life Sciences DX and Tools Update: 2015 Q1 Winners ALR,FMI,HOLX
Diagnostic Stocks rally with NASDAQ and Small Caps –IWM Up 1.66% Life Science Tools and Diagnostics stocks are a tad off their one year highs hit by dollar strength and disappointing revenue growth in some cases. Sequencing stocks were big winners but sold off after the JPMorgan...