Another Good Week for Biopharma and Diagnostics Stocks: Innovation is Driving Gains-Update-2 Rotation day
Update-2 4/29 12:15p Mid-day trading -Healthcare weak as Investors rebalance to other sectors. Gilead Sciences (GILD) up over 6% and. boosts overall market with positive remdesivir data. NAZ up 2.84%, IBB up 1.3%, IJR break-out? Technology, financials and energy show big gains; rally broadening...
Volatile Coronavirus Stock Plays-Update and Summary April 23 GILD ?
Coronavirus (COVID-19) is an infectious disease currently spreading across the globe. Most people infected with the COVID-19 virus will experience mild to moderate respiratory illness and recover. Others (particularly elderly people and those with underlying medical problems) are more likely to...
Biotech Movers on a Roller Coaster Week as Coronavirus Speculation Ramps Up…Update-9 on March 30…major rally
3/30 11;30a Major news on COVID-19 diagnostics spark rally. Abbott launches 5 minute test. ABT up 7.28% ,JNJ up 6.8%, all large caps up, IBB up 2.55, XBI up 1.61%. Risk reward still looks good for biotech by year-end 2020. See IBB 2 yr chart below. ======== 3/27 After today's big drop in the...
Innovation Drives Biotech Stocks-Time to Nibble for Longer Term…Update-1 rally time
Update-1 nice broad biotech rally on stimulus hopes with biotech now seen as possible solution https://www.barrons.com/articles/the-dow-is-up-900-points-after-congress-agrees-on-8-3-billion-package-to-battle-coronavirus-51583350527?mod=hp_LATEST XBI up over 3%to $93 handle . IBB up over 3% o...
Biotech Stocks Mixed But Outperform the Market on a Down Day…Updates-BMRN GNMK REGN TDOC
2/28 10:15a XBI down to $86 level. Looking today to see what to buy. Bought VCYT yesterday at $23+ GNMK up 39% to $5 handle. Diagnostic and tools sector could be the place to look for buys but stocks are extremely volatile----but now one hour later up only 20%!! ======= 2/27 1 P EST Reversal...