What Did I Miss While I was on Vacation in September: Biotech Wrap-Up in a Sideways Market…Update-1
Update-1 A bit of a sell-off on end of week option expirations and cancellation of China visit to farm Bureau in MT. NAZ down 0.8%, S&P down 0.5%. Less reaction to China news now? Can biotech rally as contrian play to tech and industrials? tape in biotech was better than overall market....
Large Cap Biopharmaceuticals: 2019 Performance Snapshot-Can the XBI remain a good play for Q4?..Update-1.
Update-1 Aug 31 Saturday-Biotech Stocks on the Road to Nowhere? IBB flat for the week at $102.89, down 5 pts for the month. XBI flat for the week at $80.37 down 7 pts for the month. Alexion (ALXN) down 10.17% to $100.76 on patent challenge from Amgen (AMGN) on Solaris, the ALXN blockbuster...
Rayno Biobeat #2: A Wicked Week with Bearish Trends in Biopharma-Update 3.. ALXN, Trade War Talk
Update -3 Bearish trends in biopharma continue with both the IBB and XBI down with 30 min of trading to go. We will do a review of the healthcare sector later this week continuing the theme after the AACC of the need for diversification within healthcare e.g. medtech, diagnostics and tools....
Red Screen Day in Biotech as Trade Tensions Trigger Bearish Sentiment…Update-Rally Day
Update-3...8/16 Big reversal day...summary this weekend with XBI up 2.65% at $82.46 just above support. Update-2... 8/14 Nowhere to hide from Global economic fears-welcome to whipsaw trading. Technicals matter not tweets. Market averages down about 3% today wiping out gains from yesterday. XBI...