Biopharma Stocks Stall After Earnings, Lag Over 52 Weeks..REGN
5/7/21 10:30a EDT Nice Move in Regeneron (REGN). I finally made a good option trade . I wanted to own REGN which looks undervalued (PE about 12, P/S 6.30) among large cap biopharma. Q1 Results were good but concerns remain on Sanofi R&D relationship.The key to the trade was to buy two...
Biotech Week in Review after Vacation: Healthcare Stocks Lead
Biotech Week in Review 4/19-4/23 2021 Healthcare stocks led in an up and down week.XLV up 9% YTD. Major indices buffeted by potential capital-gains tax increases. Biopharma held recent bottom with gains for the week. It was a good week to take a vacation and hold our portfolio in healthcare...
Vacation Next Week: 4/19-4/23
Vacation 4/19-4/23 I will try to post trades or unusual Market Volatility. The past week has been good for healthcare up 3.33% despite the pause in the JNJ vaccine. Earnings next week: ABT, HCA, ISRG, JNJ, etc....
How To Play Lagging Healthcare Stocks…Update-1 Rally Day
Update-1 A Bit of a Rally despite the JNJ Vaccine Setback We have the best day for life science stocks in weeks despite a "pause" in distribution of the JNJ vaccine due to blood clots. Many experts don't think it is a major problem just a precautionary hold action. Vaccine stocks rallied on the...
Rayno BioBeat #2: Bear Tracks in Biotech, What’s Going On? Update-2 Trades
Update-2 4/9...Another weak day for biotech, looks like S&P 500 and Tech are the place to be. Tougher FDA and Drug pricing legislation weighing on sector? ARKG down 1.06%, IBB down 0.44% to $148.73, XBI down 2.22% to $129.63, IWM flat at $222.59. XLV up 1.10% to $117.95, UNH up 3.13% to...