Rayno BioBeat 2018 #2: Biotech Deal Sparks Rally…Update-1
Update-1 ...2/17/18 Good Week for Biotech: FBT up 6.29%, IBB up 4.44%, XBI up 6.26% Biotech stocks continued their strong recovery from the big sell-off in the prior week but about 3% under 2018 highs. Biotech ETFs tracked the QQQ up 5.68% for the week but biotech stocks are leaders YTD beating...
Large Cap Biopharma Performance Update 2018-Part 1
Large Cap Biopharmaceuticals Performance Part 1- After Correction Technicals: we are holding the December 2017 bottom but 2018 gains on some indices have been wiped out with peak values on Jan. 26. The FBT was the top performing ETF in 2018 YTD. Many of our picks have outperformed the market....
How Bad Was The Biotech Selloff Last Week?…Updates-2/6
Updates-2... 2/6/18 Biotechs Down With Overall Market Over 5 Days Closing Prices as of 2/6/18 XBI up 3% at $91.05 down 5.34% over 5 days IBB up 2% at $109.36 down 7.35% over 5 days QQQ up 2.65% at $162.31 down 5.04% over 5 days By now you have read about all the possible reasons why the market...
What’s Next After Profit Taking Hits Biotech and Drug Stocks?
Profit Taking Hits Biotech Stocks Disruption Coming to Healthcare? Another Round of Sector Rotation? The biotech sector hit a wall after breaking through to new highs last week. The major news that sparked profit taking on Tuesday was that Amazon, Berkshire Hathaway and J.P.Morgan formed a...
West Coast Weather Update: LaNina Hell Comes to California…Update-1/28
Update-2 Weather.com Confirms Warm Dry Outlook for February Finally recognition of drought conditions. Look for changes in five days or State needs to announce conservation measures. Update-1 Monday 1/29 Skied Mammoth today and snow conditions were OK. Plenty of cover and fast snow. They did a...