Biotech Playbook 2021: No Help From Small Caps in Q4…Update-3
Update-3 12/17...10:51 EDT Good day for a pivot up? Nibbled on some IBB and XBI. Our top large cap pick VRTX continue to run. NAZ up now 0.22%.Volatility rules. Update-2...Powell transitions FED talk through pivot with 2x taper. Potential for 3 rate hikes in 2022 soothes inflation hawks. Market...
Finally Snow and Rain Hit all of California and a Wet Period Lies Ahead …Update-12/14
Update-12/14 Storm Update from Mammoth Snowman as storm winds down. High winds and ten foot drifts! Should be cleaned up for mountain action tomorrow Winter Storm Warning -Mono County Update-12/12...rain now in NorCal: San Francisco Weather Mammoth Weather-winter storm warning late Sunday...
How Did Healthcare Stocks Perform Over This Volatile Month?…Update-2
12/10/21Update-1 A good week with S&P At New Highs despite inflation at 40 year highs at 6.8%. Infotech leading way up. Small cap biotech still lagging near lows for the year. XBI at $110 could not hold mid-week gains. Same pattern for ARKG now at $60.74 near lows at $56. Large cap...
Covid is Back Disrupting Markets and Causing More Sector Uncertainty…Update-3 Jittery
Update=3 12/3...Another whipsaw day if you are in Tech stocks (Docusign?) or small cap growth. Blame profit taking ,omicron or tough taper talk. But large cap biopharma held up well: ABBV ABT BMY PFE UNH VRTX etc., but not the IBB - you have to be a stock picker. BNTX and MRNA were positive....
Biotech Stocks are Due for a Rally…Update-2 Vertex is stock to watch
Update-2 11/29 ...New Rule- after four downgrades at new lows a stock is a buy. VRTX up over 4% today to $191.5. Is an upgrade coming before or after JPMorgan Healthcare? Update-1 11/23/21... Large cap glam techs stocks take a hit in an another sector rotation. Energy and financials are...