Healthcare Stocks Lead the Way Up as the Market Fades…Update-2 rally day
Update-2 4/13 11;36 AM EDT....GSK buys Sierra Oncology (SRRA) for $1.9B https://www.bizjournals.com/sanjose/news/2022/04/13/glaxosmithkline-to-buy-sierra-oncology-for-19b.html?ana=yahoo XBI up 2.48% to $89 handle, ARKG up 2.35%. Large caps lag except REGN up. ABBV down over 5%! Green tape...
Good Entry Point for Biotech Stocks…Update-2. Healthcare Stocks up with XLV up 1.5%
Update-2 ...4/6 In volatile end of day trading with Tech stocks and the NASDAQ hit hard down 2.2%, healthcare stocks were winners with the XLV up 1.5%. Other sector winners were staples, energy, real estate and utilities. As one pundit put it, " the FED is intent on wealth destruction" to curb...
Biotech Funds and ETFs Continue to Lag…Update-2
4/1/22 Blah market but biotech and healthcare holds.Rally at last 30 min. Spec small caps on a green screen with both ARKG and XBI up. We are trading these stocks off a bottom. IWM up 0.9% to $207 level. Gene therapy stocks rallying: CRSP, EDIT, NTLA. Large caps strong:LLY, MRK, RHHBY, VRTX....
How do Biotechnology Funds and ETFs Perform Over Five Years? Update-2
3/25 2:30 p EDT Large cap core holdings near 52 week highs: ABBV, BMY, MRK, REGN, RHHBY, VRTX. Recent trades doing well: EDIT, EVH. Sold MRNA at a small profit. XBI stalled near $90. SMIDs in the red. Vaccines losing ground BNTX, NVAX MRNA. Energy financials and materials lead market up. ======...
Tough Slogging Ahead for Investors, Diversification is Important…Update-5 Traders Rally!
Broad Market Rally-Russell 2000 up 1.69*% ,small caps soar off bottom. Update-4 March 17 Strong week trading rally favors beaten down momentum stocks: CRSP, CYRX, TDOC, PACB, VCYT. And led by momentum small cap ETFs like ARKG and XBI. Evolent Health (EVH) is up 20% since we picked it months...