Biotech Snapshot on a Lackluster Day: CRSPR deal with Vertex Pharmaceuticals…Update-3…Pfizer Buys Array Pharmaceuticals
Update-3 6/17 11:30 a EDT Pfizer (PFE) $11B Buyout of Array Pharmaceuticals (ARRY) Sparks Rally in biotech. As usual M&A brings buyers into biotech. ARRY up 56% on Pfizer $11B buyout. XBI up 3.68% to $84.46. Green screen in mid-caps, gene therapy. ========== Update-2 6/12 10:30 a EDT Large...
Biotechs Piggyback FED Rally with a Little Help From ASCO…Update-3 Rally Underway
Update-3...6/7- 1p EDT... Broad Tech Rally Underway Hot stocks in life science: CRSP, GILD, GSK, ILMN, VRTX, XBI up 1.56%. Update-2 ...Bit of a rally at the close on the day-to-day tariff drama- now softening on Mexican tariffs; way too much obsession and media chat with the FED and rate cuts...
Biotechs Mixed Almost Bearish with Many Big Losers Today…Update-2 Red Screen Day
Update-2 5/31 2:15 p EDT. Impossible to invest with current Tariff Headwinds-XBI down 1.24% to $79.83. NASDAQ down 1.33%. ========= Update-1 5/29... Better Tape Today Off Lows Despite 1.1% Drop in IBB and 0.93% in XBI One of our top picks from JPM was Amarin (AMRN) up 11.64% to $19 on FDA Fast...
Biotech Vaults Back with help from Array Biopharma…Update-2…Not a lotta
Update-2...3:15p EDT.... Mixed day-new post after close, XBI down 0.64%, IBB down 0.94%,, Dow sell-off down 0.43%. ====== Update-1 5/22... Not much follow-through from yesterday but trade-able.A horrible news week with politics, tariffs, chips and China in headlines. Large Caps are favored:...
ASCO Rally Fizzles: The nascent rally in biotech stocks fades.Update-2
Update-2...NASDAQ Rally triggers biotechs-XBI up 2.3% to $82.63 just above 2019 support level.Administration eased Huawei blocks because of trade concerns. Update -1 ...11a EDT-Biotech Red Screen-Following NASDAQ. Risk-Off. The sell-off that started with Friday's reversal continued today in...