Biotech Rally Rolls On-Intermune (ITMN) Up 130%
Biotech Outperforms Large Cap Pharma Biotechnology stocks were up today sparked by Intermune (ITMN $32.74)news that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has adopted a positive opinion recommending their Esbriet (pirfenidone) drug for...
Healthcare Stocks Come in Many Flavors: Biotech, Drugs, Life Sciences, MedTech
Investors in healthcare should look deeper into subsectors: biotechnology, devices, diagnostics, drugs and tools As of December 15 the S&P was up 12.94% but the healthcare sector was the laggard up only 0.43%. Compare this to the leaders Consumer Discretionary up 24.34%, Industrials up...
Rayno Life Science Portfolio:Dx and Tools Update 12/15/10
2010 Original Price % Ret. P Price % Recomm 3/29/10 Q2 12/1/10 Ret. Abaxis ABAX 2/2/09 15 79 21.2 27.86 85 CardioV.Sys. CSII 11/5/10 7.15 8.65 21 Celera CRA 3/28/10 7 6.49 5.66 -19 Exact Sci EXAS 12/10/10 5.6 GenProbe GPRO 2/2/09 45 7 46.3 52.77 17 Illumina ILMN 2/2/09 29 35 43.1 61.79 113...
Healthcare Stocks Rally 2% on News; Is Sector Rotation Underway?
Are investors rotating into the lagging healthcare sector? Biotech, drug and device stocks were up broadly today. The healthcare sector has lagged the market YTD up only 1.35% compared to the S&P up 11.2%. Even major drug stocks, down 2.4% YTD, got strong bids. Medical equipment and...
Rayno Snow Blog and Nat Gas Update: LaNina on Steroids
West Coast Weather: Wet and Warm Changes are coming in the West as the high pressure breaks down bringing in storms this week and next weekend. Weather Geek : TahoeLoco.com The storm track will remain to the North of the Sierras mid -week with a bigger storm from the Gulf of Alaska coming this...