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Jan 17, 2019 by Dave Sobek

January 17 Biotech Update

The grind in place or higher option remains possible with the market. It will be interesting to see how the approach of earning season pressures traders. Does the lack of.

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Jan 15, 2019 by Dave Sobek

January 15 Biotech Update

We are clearly not out of the woods for a correction but we should also remember that corrections can occur through price or time. In other words, most think of.

Jan 11, 2019 by Dave Sobek

January 11 Biotech Update

Everyone continues to expect a pullback and yesterday looked like it would be the day that starts the correction but we ended up green again. This has been on the.

Jan 09, 2019 by Dave Sobek

January 9 Biotech Update

The sector move seems to be losing some steam. This is not unexpected nor bad as these overbought conditions need to be reset. The real key going forward is not.

Jan 08, 2019 by Dave Sobek

January 8 Biotech Update

The sector is ripping higher the past couple days, which makes sense given the news flow. I thought the XBI could hit $80 and it did. This is an area.

Jan 07, 2019 by Dave Sobek

January 7 Biotech Update

This is one hell of a start for biotechs this year. M&A and good data are back. Of course, there is a bias in JPM week to present good news.

Jan 04, 2019 by Dave Sobek

January 4 Biotech Update

The broader market is finally supportive of the sector and barring a reversal we should start to see a nice run up into JPM next week. At the very least.

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