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...
Healthcare Stocks to Own while we wait for the Momentum Trades..Update-3
Update-3 April 5 12:45p EDT...Biotech sector lags strong market today as S&P and DOW hit new highs as of mid-day trading.NASDAQ up 1.49%! It looks like re-opening stocks are favored over long-term plays in biopharma that have few catalysts.Tech is strong as XLK is up 2%. ARKG up 0.6%, VIR...
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...