Biotech Bull Market Playbook Remains Bullish : Small Cap MOmentum Continues…Update-1. “Recalibration Mode”
Update-1 ...Stocks Surge under FED's new "Recalibration" Policy After some hesitation and whipsaw action yesterday the 50bps rate cut by the FED sparked a broad rally today with the NAZ leading up above 2.5 %. Many talking heads and economists were surprised by the big cut.looking for data...
Large Cap Biopharmaceuticals-Valuation Metrics: Many large caps are just off highs of the year.
Large Cap Biopharma are Core Holdings and just off their highs for the Year Our top picks have been ABBV, LLY, MRK, REGN and VRTX all up more than 20% except MRK is lagging. AZN and PFE have been trades and PFE is still a good hold..GILD looks like a good long trade. FUNDS have done well YTD:...
As Market Rally Broadens, Biotech and Healthcare Stocks are Looking Better…Update-3 Momentum is Selective
Update-3 9/11..Selective SMID biotechs ran up today along with the mid day reversal in the tech stocks showing speculative interest remains in the market. Watch ARKG and XBI for strength. Some big movers this week: ADPT,CRBU CRMD,DNLI, NTRA, ROIV,VCYT. But SUPN was down 7% on weak sales for a...
Biotech and Life Science Sector Update Summer of 2024
Life Science Sector Update August 2024 Nothing seems be happening lately in the market as we wait for Nvidia earnings. It's the slowest week of the year, we are at the market top and most earnings reports are good. And FED Chairman Powell recently indicated a rate cut is coming in September....
Biotech Bull Market: 3 Ways To Play It…Update-2 SMIDs still looking strong CRMD,DNLI
Update-2 8/26/24....On a 3 day weekend so no new post till Wednesday. It's a quiet week with many people taking off before Labor Day weekend. Some big SMID movers today so check them out: CRMD up over 9% , DNLI up 3.31%, IMTX up over 3%, RZLT up 8%, All with a flattish ARKG, IBB , XBI. Here...