Rayno Snow Blog: Nat Gas sell-off on inventory; LaNina Advisory
After an inventory report the bulls paused off intermediate top in the 4.60 range then headed for the sidelines as January Futures were off 13 cents to $4.47. Support is $4.40. The decline in storage was -89 bcf from the previous week not enough to spark buying. Weekly Natural Gas Storage...
Play the Biotech Sector with ETF’s: FBT, IBB and XBI
Life Science ETF's: Strategy and Composition There are several ETF's with biotech and drug positions but the three that are large, liquid and better known with asset values are : First Trust Amex Arca Biotech Index (FBT,$166M) , iShares Nasdaq Biotechnology (IBB, $1.38B) and SPDR S&P...
Rayno SnowBlog: LaNina Strengthens, Nat Gas Gets Weather Boost
Nat Gas Approaches Breakout at $4.50 Cold weather is forecasted for the NE and SE for the next 10 days giving a boost to nat gas prices reaching a five day high near $4.50 today. November price highs are in the $4.52 area which could spark a bull camp move to $4.92. The next inventory report...
Time to Buy Drug Stocks for Yield: ABT,BMY,NVS
Contrarian Call -Look at the Drug Stocks The healthcare sector has lagged the market in 2010 down about 1.34% compared to the S&P up about 9%. The large cap drug sector has done worse down 4.3%. Investors are drawn to more dynamic growth sectors in 2010: energy, industrials,materials and...
Rayno Life Science Portfolio: Seracare (SRLS) Surges 11% on Earnings
SeraCare Reports 40% Increase in Net Income Over Prior Year SeraCare (SRLS) executed six consecutive quarters of successful growth with revenue growth of 13% to $50.4 M for the fiscal year ending SEP 30, compared to revenues of $44.4M year in 2009. Net Income was $6.7M or $0.35/s on a diluted...