Volatility Hits Large Cap Biopharma: Active Rebalancing May Be Required…Update-4…ABBV BMY
BIG Movers today from two of our longer term portfolio picks. Update-4...11:11am 11/24...ABBV down over 10% ,BMY up on Abbvie Phase2 Schizophrenia drug failure. MRK also weak down 2%. Update-3 11/7...Gilead Sciences (GILD) beats stock trending toward $100. Product sales increase 7% to $6.7B,...
BIOTECH Momentum Trades for the Q4 Rally…Update-2 ABBV, LLY…FBIOX
Update-2 11/1/24...Market recovered from big losses yesterday with some buying in to XBI to the $99 level again.IBB remains choppy but up about 1% for the week. LOTS of green among SMID caps today: ADPT, CRBU, CRSP, DNLI, ILMN, EXEL, PACB,TEM etc. KUDOS to Fidelity Select Biotech Fund (FBIOX)...
Healthcare Sector Update: Choppy Days Are Here Again as Yields Rise…Update-3 movers!
10/28/24....Movers from a new hot disease areas of kidney disease. Vera Therapeutics soars 15% on Phase 2b results for kidney drug. VERA is up 207% YTD. EyePointPharmaceuticals (EYPT) up 27% on interim data for Diabetic Macular Edema. 10/27/24...Update-2 Healthcare stocks are down 3% over the...
Healthcare Sector Update: Life in the Slow Lane while we wait for BIOTECH Bounce…Update-3. MEDtech looks bullish.
Update-3 ...10/17...Earnings Abbott (ABT) returns to growth in MEDTech: Raises EPS. a strong hold with DIV. of 1.88%. United Health (UNH) a core holding in any healthcare portfolio navigates increasing medical costs and cyberattack. Updated at 11:30a 10/18. iShares Medical Technology and US...
Biotech Stocks Poised for another Big Move in Q4…Update-1
Update-1 10/11..3:30P SMID cap rally underway . Check list below for movers. ARKG up 3.9%.XBI up 2.25% off bottom. MOVERS: CRBU,CRMD, DNLI,ILMN,NTRA,SUPN,TEM ,TWST,PACB, VCEL, VCYT, etc. Strong earnings from banks supports bullish outlook through end of year. Election remains uncertainty....