Small Cap Biotech Stocks are Trending Well…Update-1
Update-1 JY/21...Small Cap Rally Intact especially with Speculative Stocks Ok we got our nice small cap rally. Most of these stocks are somewhat isolated from macro and financials. But they need fresh news with pipeline updates. Mirati Therapeutics up over 15% this week. Modern holding up 5.6%...
Small Cap Biotechs Regain Momentum…Update-3 Healthcare rally led by vaccine stocks
Update-3 JY 15 3:30p... Broad rally led by DOW up 1.91%. Healthcare rally XLV up 2%, led by vaccine stocks as variants like BA.5 infection case counts pick up. MRNA, BNTX, NVAX all up over 3%. Novavax (NVAX) vaccine approved yesterday . Boosters being urged. Djoker, get vaccinated as we want...
Healthcare Stocks Pivot to Smaller Cap Biotechs…Update-1 biotech rally intact
UPDATE-1 JY7 Biotech rally intact. The rally from the June 15 bottom and breakthrough technicals on June 23 is confirmed. Biotechs were so beaten down with valuations at cash levels. Our new picks among smaller cap biotechs have done well this week. We will summarize at the end of the week.MRTX...
Healthcare Stocks Lead the Way Up Even Boosting Small Cap Biotech…Update -3 rally
Update-3 July 5 11a EDT Rally in speculative biotech stocks with XBI up1.85% to $77 handle. Early movers: AGEN, CRSP, CYRX, DNA, QDEL, ROIV, VCYT all on our focus list. Added to Moderna (MRNA) at $153. Market indices in red on recession fears with S%P 500 down 1.9% NAZDAQ coming back down only...
Bear Market Rally Lifts HealthCare Stocks Off Bottom…Update-2 Stealth rally
Update-2 June 22...Market ends trading day flattish with usual choppiness focused on macro after Powell speaks. Recession fears dominate with energy stocks down again. Bright spot is healthcare sector led by large caps with nibbling in beaten- up small caps. Like price action in spec small caps...