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...
AACC Update in a Broad Rally Week for Life Science Stocks…Updates 8/10
8/10/19…XBI up 1.8% to $84.04 for 5 days, QQQ up 1.9% to $185.81 over 5 days.A good week for life science stocks with following stocks near 52 week highs: BDX BIO DHR GH HOLX NVTA 8/8/19 9:45a EDT Life Science Movers...Stocks to Watch…XBI up 0.61% to $83.86. Guardant Health (GH) Q2...
Biopharma Stocks Surge in a Seemingly Random Rally But Still Trail the S&P 500…Update-Risk Off
8/5… Risk OFF with Trade War and a Currency War XBI down 3.33% to $81.22, IBB down 2.65% to $102.29. WE will update later this week. Tuesday 8/6 we will attend the AACC Clinical EXPO in Anaheim CA. ======== Update-2..8/1 1:30p VRTX sparks biopharma stocks up 6% on earnings revenue...
Rayno BioBeat #1 2019: Biotech Trading Trends In a Choppy Market: Mid Year… Update-3. BIIB IWM
Update -3 …Nice biotech rally today; green screen in gene therapy and mid-cap sectors. XBI and IWM up over 1%. Update-2...Small cap reversal IWM up 1.67% to $157 level; our small cap portfolio winners: AMRN CFMS GNMK MGTX VCEL etc. but XBI still lags stuck at $85 level. Gold and silver...