Speculative Rally in Biotech Today, Is the Correction Over Already? Update-1
Update-1 Aug 6 Coronavirus Stocks Get Hit in Profit Taking Mode-Vaccine Stocks are Weak Momentum continues to ebb : XBI down 0.51% to $113.81, red screen day. Virus high fliers take a hit: BNTX down 5.19%, GNMK down 13.965, INO down 6.7%, QDEL down 5.5%. TDOC recovered after merger with Livigno...
Biotech Traders Will Face Strong Headwinds…Update-4 BIG Tech Rules!
Update-4 Early am trading shows weakness in COVID vaccine stocks ; Investors are focused on BIG TECH.XBI down 2% to $109 level. Vaccines require constant feeding with news flow: AZN BNTX INO MRNA NVAX all in the red. Merck (MRK) up 1% on earnings, vaacines and antiviral development (Ridgeback...
Biotech Portfolio Review: What to do Next? Update-4 Vaccine Stocks Weak
Update-4 JY 23 Midday trading: Reiterate-take Profits on COVID Vaccine stocks Big Sell-Off Today: BNTX, INO, MRNA, NVAX. Antiviral stocks REGN VIR holding up. Review and update after the close. XBI weak but holding in channel. Update-3 July 21 Momentum is easing a bit with some buying into...
Coronavirus Stocks: Take a Breather-The Easy Trades Have Been Done …Update-4 AZN MRNA
Update-4 7/15 1:30P...Volatlity hits COVID vaccine players; BNTX, INO, NVAX down, MRNA up. Comment from CNBC contributor: "maybe vaccine news is priced in", shows how hard it is to play daily news flow on coronavirus vaccine stocks. Strong Coronavirus stocks as of mid-day trading: GNMK MRNA...
Volatile Week for Coronavirus Stocks: COVID Vaccines are in Focus…Update-5
Update-5 JY 7 After close with NASDAQ down 0.86%, but biotechs hold. Genmark (GNMK) up 10.33% AH to $17.22 on Preliminary q2 Results. Revs of $40.1M, a 118% increase over Q2 2019, Placed 71 new ePlex analyzers for a total installed base of 650. Added to VIR Bio (VIR) up 8.12% to $44.35.Also...