Biotechnology Stocks Soar After One Day Head-Fake: ALNY,IBB, REGN,ILMN
New Highs in Life Science Sector Life Science stocks are in big rally after the strange sell-off yesterday. The IBB hit a new high today at $244 up 3.67%. Most Rayno Life Science picks are up with significant movers: ALKS up 2%, ALXN up 4%, AMGN up 1.1%, BIIB up 5%!, GHDX up 5%,ILMN up 6.7%,...
Biotech Bull Market: 2014 Key Trends To Watch
Biotech Bull Market Enters The Bubblet Phase in Early 2014 (Published in Seeking Alpha on January 9) Buyers Anticipating J.P. Morgan Conference: IBB up 3.79% YTD Last week we started a series of articles that will follow key technical and fundamental trends in the biotechnology bull market....
Rayno DX and Tools Movers: EXAS, RGDX, SQNM
Two Rayno Laggards Up On Good Volume: RGDX, SQNM The only two losers among our portfolio picks in 2013 are up today. Response Genetics (RGDX $1.32) is up 2.56% on a volume of almost 500k shares with no apparent news. The Company raised $4.8M in December at $1.20 share so that could account for...
Rayno Life Science Movers: AMGN, EXAS, ILMN, PCYC etc.
Update 1/8/13 Blow-Off anticipating J.P.Morgan Conference? Breakthrough: IBB hit new highs above $230 today. Green screen with most large cap and mid caps. ALKS, BIIB among movers. XBI is also up 2%. Rayno Life Science stocks are in the bullish groove as investors move back to growth. As of...
Celgene (CELG) Down 5%-Take Profits
Celgene (CELG $162) is not on the Rayno biopharmaceutical focus list but it is a good candidate for hedging with a short position or profit taking. Goldman downgraded the stock today from Neutral to SELL . Also, the Wall Street Journal has an article in the Marketplace section about a royalty...