Biotech Playbook 2021 Part II: Rotation Rally Brings Relief after FED Pivot…Update-1 …12/27 New highs!
Update-1 12/27 Strong rally day with record closes S&P up 1.38%, NAZ up 1.39%. Megacaps rule AAPL,FB,GOOG, MSFT. Strongest sectors energy and tech. Santa Claus rally is finally here. Retail sales soar with strong consumer. Healthcare up 1.05% to $140 handle but biotech lags with IBB down...
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....