Healthcare Portfolio Performance January 2022…Updates-2…2/5/22
Update-2 Another Roller Coaster Week helped by AMZN earnings and jobs report.. Healthcare SPDR Sector (XLV) up 1.39% for week, (4.19%) YTD; IBB up 2.08% for week, (14.4%) YTD; XBI up 2.49% for week, (18.9%) YTD. Large cap healthcare stock leaders over 52 weeks: UNH, ABBV, GSK, VRTX. Sector...
Small Cap Biotech Stocks: Is it time to start trading? Update-2 Trading Ideas
Update-2 Feb 6 After a little pop up on Friday we have identified a few trades on technicals. We noticed on screening small cap biotechs that about 90% are at the bottom of their 52 week range. From ARKG holdings two trades and former high fliers: PACB and TDOC. Also have a look at...
What’s next for Biotech Stocks…Update-3 Rally !
Update-1 AAPL ignited rally? Either by oversold conditions or good earnings by AAPL and MSFT we have lift -off from the bottom. If your speculative biotech stocks did not go up today you may want to dump it. Our mid-cap focus list saw nice gains except for CRSP. ARKG was up 4.52% and the XBI...
JPMorgan Healthcare Conference 2022 Recap: A Good Week Despite Distractions…Update-2 Broad Sell-0ff
1/22 ...More Freefall on Friday Yesterday's freefall action felt a lot like 2001 when the market was trying to digest the 1999 bubble days.As we have been saying for many months once the momentum slowed stay away from speculative stocks without financial metrics. Many small cap growth stocks...
Looking for a Biotech Boost This Week from the JPMorgan Healthcare Conference…Update-5
Update-5 Traders alert! a green tape showed up. Update-4... Biotech stocks continue to sink along with momentum driven overvalued tech stocks. Not much you can do but hold large cap dividend producing stocks. Or look for proven winners that were carried down with the indices. Both the IBB and...