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February 21 Biotech Update

Resistance is acting like resistance. It looked early that we might be peaking above it but clearly that is not the case. These sort of false breakouts (and breakdowns) are.

February 19 Biotech Update

The sector might be peaking its head above the top end of the range. The ideal set up for breakout are moves above the range and then successfully testing the.

February 15th Biotech Update

Not surprisingly we are in a post earnings lull. While there are still earnings being posted, the bulk of the major ones have been reported. We are also seeing the.

February 13th Biotech Update

The sector continues to do well this week on not necessarily all positive news. My refrain will continue to be that we are range bound until proven otherwise and so.

February 12 Biotech Update

We have some interesting news today (positive and negative) with some interesting read through. I still think the base case is that the sector is in a range until proven.

February 7 Biotech Update

We start off a little weak this morning, which is not completely unexpected given that we are at the top end of the recent range. Obviously it would be nice.

February 6 Biotech Update

The sector faded yesterday and seems to be in a little range between $80 and $86. This is not necessarily a bad thing after the big bounce we had. Sitting.

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