Can Healthcare Stocks Survive Macro Headwinds?…. Update-1
Update-1 3/28/23..Sector rotation continues with energy, materials leading today and healthcare, technology down slightly. Consumer confidence rises to 104.2 despite bank failures. Commodities strong.VikingTherapeutics (VKTX) rose 69% on Phase 1 data for Dua lGLP-1/GIP receptor agonist, for...
How Did Biotech Stocks Perform in this Turbulent Week? Update-2 healthcare and biopharma rally
Update-2 3/24..12;15p ..Biopharma and healthcare stocks rally. Update over weekend. ABBV AMGN BIIB GILD REGN VRTX and UNH and Medtech ISRG MDT...small caps EVH PACB. Update-1 3/22...Away from FEDspeak". We believe that sm aller cap life science stocks with good business models can outperform...
Small Cap Biotechs Slammed by SVB Collapse
Small Cap Biotechs Slammed by SVB Collapse Small Cap biotechs have been hit hard and needs time to sort out. Momentum and sentiment in a risk-off mode. Opportunity to assess good stocks for longer term after seeing how they trade. Nothing like a banking crisis to start off a weekend. But maybe...
Healthcare Is Lagging but Biotech Offers Good Potential for Value and Trading…UPDATE-2 Sell Off Continues with SVB news
Update-2 3/9/23... Silicon Valley Bank Collapse triggers more selling in small cap biotechs.Sold XBI at $79 for 4% profit now at $75. Large cap biopharma holding up well in green. Jobs grew solidly but at a slower pace.So looking for a 25 bps rate increase. Risk off. Update-1 3/8/23...Sell-off...
SMID Life Science Stocks Update : The Momentum Run Is Over-Risk Off…Update-2 Bit of a Rally
Update-2 3/2 Better tape action today. Big winners: CRSP, CYRX, NTLA, NVTA, QDEL, PACB,SUPN. Review on Weekend. Cowen conference next week March 8 should help life science sector. Update-1 2/28 Risk Off when FED rules with rates rising. Equities fighting higher yields.Trading range S&P 500...