by Raynovich Rod | Sep 11, 2015 | Biopharmaceuticals
Update-1… 3P September 17 after FED Says No Rate Hike-Biotechs Rally NASDAQ up 0.8% after initial surge Apparently biotech stocks are sensitive to interest rate hikes as many analysts have suggested. Biotech companies need a continual inflow of capital and would...
by Raynovich Rod | Sep 1, 2015 | Biopharmaceuticals
Update -2… 9/8 Rally Time Today Forecasted by Friday’s Action ETF Summary -One month and YTD % FBT (12.36), +9.2% IBB (8.9), +11.3% XBI (10.12), +17.27% The five star Fidelity Select Biotech Portfolio (FBIOX) pretty much tracks the IBB up 11.66% YTD and...
by Raynovich Rod | Aug 24, 2015 | Biopharmaceuticals
Nowhere to Hide in Another 4% Correction 8/25/15 Futures Look Promising at 11p EDT; NIKKEI 225 UP 4.8% Today’s market reached epic proportions of volatility and extremes exacerbated by a DOW opening “flash crash” off 1100 points that distorted faith...
by Raynovich Rod | Aug 21, 2015 | Biopharmaceuticals
At Close: IBB down 2.35% to 342 at May bottom, XBI up 0.64% to 218 —- Two Hours to Go 2:15p EDT, NASDAQ Down 1.79% at 4792, IBB at $349 Biotech Breakdown: Relief Today Or Another Head Fake? Biotech stocks are trying to hold the May lows with the IBB at $342 but...
by Raynovich Rod | Aug 13, 2015 | Biopharmaceuticals
Update-1 August 19… Dawg Days of August Biotech stocks remain weak with momentum plays hit the hardest. The IBB could test the recent bottom of 359 hit on reversal day last Friday and another low on August 7. There is strong support at this level so any...
by Raynovich Rod | Aug 10, 2015 | Biopharmaceuticals
Look For Bottom in Biotech Today after 7-10% Correction from July Highs Update-3… 8/12…Technical Bottom Hit in Biotechs-IBB Up 0.78% Near Close Update-2…8/12…XBI Hits low of $225 today and bounces back-down 10.4% over 5 days. Look for bottom in...
by Raynovich Rod | Aug 4, 2015 | Biopharmaceuticals
August 6…Rally Fails: Sell-Off Underway 11:24A EDT The sell-off in biotech began at the opening and continues two hours later. The speculative smaller cap Exchange Traded Fund XBI is down 3%. There is a red screen across the board with many high fliers down 4%....
by Raynovich Rod | Jul 30, 2015 | Biopharmaceuticals
Update-1 Stealth End of Month Rally Stops Biotech Slide IBB up 3.4% In July and up 1% on Last Day Stocks roared out of the box on Friday but could not hold and ended flat. NASDAQ Up 2.3% for July. Most biotech stocks were green and momentum players came back in to...
by Raynovich Rod | Jul 23, 2015 | Biopharmaceuticals
Update-2 …7/29 12:15 EDT… New post at market close Biotech reversal down with other sectors up; post to follow at close. Reiterate caution.NASDAQ up 0.22%, IBB down 1.3%, XBI down 2.39%, Medivation (MDVN) down over 12% to $90.9 with no news but on 7/13 JMP...
by Raynovich Rod | Jul 14, 2015 | 2025 Rayno Biopharmaceuticals Portfolio
Rayno Top Winners YTD 10/12/15 Fibrocell Science (FCSC) up 69% Clovis Oncology (CLVS) up 61.6% Regeneron (REGN) up 28.4% Seattle Genetics (SGEN) up 21.3% Gilead Sciences (GILD) up 5.6% —— Rayno Top Losers YTD Biogen Idec (BIIB) down 21.5%….down again...