Healthcare Sector Still Looks Good But Lacks Momentum…Update-3 Nice Biotech Rally!
9/12/22...Bristol-Myers (BMY) up 5% on FDA approval of psoriasis drug.Large cap biopharmas rally: AZN, GILD, MRK, etc. Mid- caps green esp MDGL,MRTX. Morgan Stanley Healthcare conference was today could account for biotech strength. Biden Issues Executive Order on Advancing Biotechnology. Time...
Whither Small Caps after FED’s Tough Talk? Update-1…Aug 31
Update-1 Third Day this week of flailing around in the red, even AAPL down 1%. Small cap winners: EVH,MRTX, QDEL speculative ETFs: ARKG up 1.31%, XBI up 0.72% at $83.70 IBB flat at $121.46, XLV down 0.64% at $124.76. Notable biotech movers: CYTK up 3.78% at $52.96, IOVA up 2.585 at $10.72.MDGL...
Large Cap Biopharmaceutical Metrics as of Q2 earnings 2022…Update-2 9/1…Biopharmas rally
9/1/22. Biopharmaceuticals rally...another choppy session with aa last hour rally bringing Dow and S&P in the green. Strength in ABBV, REGN,PFE, LLY, VRTX. check them out vs chart below; AZN and GSK are weak. XLV up 1.64% to $126.81. Technician are looking at 390 for key technical level...
Check your Portfolio for Small Cap Weighting: Growth , Innovation or Speculation? Update-1
8/25/22 Small caps are rallying. XBI is flat at the $89 handle but many of the picks below are up nicely:CRSP CYRX EVH VCYT. Market coming to Powell with speech tomorrow. Bears are wary of volatile seasonality and inflation data. Small cap strength:ARKG up 2.39%, IJR up 1.93%, IWM up 1.55%....
Small Cap Biotechs Perk-up on Dealmaking…Update-3 Volatility rising in sell-off
Update-3 on JY 11 We will offer 3 updates in coming days: Healthcare Model, Large Cap Biopharma and Small/mid caps. Here are some notes on today's market action: Momentum appears to be ebbing on profit taking.A bit of sector rotation into energy today with XLE up 3.44% to $77.88. New MO...