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...
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%,...
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%...