Healthcare Stocks Steady in a Choppy Week for Trading…Update-3 Bearish mode in biotech
Final Close 5/26: Dow up 1.39% at 33072, S&P 500 up 1.66% at 3974, , Nasdaq up 1.24% at13138 , Russell 2000 down 2.89%. IBB stable at close. Update-3 March 26. 3p EDT Another day of selling for biotech; I'll look for trades over the weekend. IBB down 0.98 to $147.21, XBI down 3.21% to...
Healthcare Stocks Are Fading: Over-Owned or Rotation Effect?…Update-3 Green screen on Triple witching Day
Update-3 March 19 1:41p Green Screen Day-Time to Nibble Biotech stocks have been a little weak lately but today the XBI bounced off support of $140 which is at the 2021 low. Also I see a lot of green in my holdings including large caps that pay 3-4% dividends. Recent long trades: ARKG, BNTX...
La Nina Cold Storm Has Brought Relief to Sierras…Update -1
Update-1 3/14 ...Another 10-12 inches coming tonite and Monday. Then check sites below fo more snow coming by end of the week. Great Skiing at Mammoth Mountain- LaNina Cold Storm Sorry for this late post but there is great skiing at Mammoth Mountain where I was yesterday. Plenty of POW for...
Healthcare Stocks Caught in a Market Correction: Are they Growth or Value?…Update on Rally Day
Update on rally day 3/9/21 1:22p Biotech and Healthcare Movers per Post Tech stocks rally on reversal trade. Biopharma positioned between value and moderate growth. COVID Vaccine stocks all up big BNTX CVAC NVAX MRNA. Small caps continue in uptrend ; IJR IWC IWM. Large cap biopharma movers...
Speculative Appetite is Sinking in Biotech with Latest Rotation…Update-1 Reversal?
Update-1 3/5/21...2:30p-Large Cap Biopharmas Firming Up See our last Large Cap Review . IBB up 0.73% at $148 handle. Regeneron up 3% off bottom, FWD PE 11.31, P/S 5.7, 11.75 QtQ sales growth . Nice moves in AMGN, BIIB, GILD, GSK, LLY. Review your large caps! =================== Speculative...