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Apr 23, 2019 by Dave Sobek

April 23 Biotech Update

The sector has been struggling to say the least and when last I wrote, it was not clear to me the underlying cause, it is clear now (I will discuss.

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Apr 17, 2019 by Dave Sobek

April 17 Biotech Update

The trend in the sector is moving onto more and more shaky ground. Breaking below $86.22 on the XBI (the most recent low) would end the streak of higher highs.

Apr 16, 2019 by Dave Sobek

April 16 Biotech Update

It was not the ideal start to the week but also not the worst. The selling from the morning opening was bad but we may have bottomed in the afternoon.

Apr 15, 2019 by Dave Sobek

April 15 Biotech Update

Certainly an interesting start to the week. In terms of the broader sector, I suspect that we have a positive week as we are in the area where a bounce.

Apr 12, 2019 by Dave Sobek

April 12 Biotech Update

The sector is certainly underperforming the broader markets and while that is frustrating, I do not see anything that is concerning. We did not get the breakout but if we.

Apr 11, 2019 by Dave Sobek

April 11th Biotech Update

We are starting to get some news (from EASL) but still nothing that appears compelling for the sector. Sure, these are going to be potentially stock moving but it appears.

Apr 10, 2019 by Dave Sobek

April 10th Biotech Update

Another slow day with the sector so far unable to do anything other than drift lower. I still see nothing to indicate a broader issue with the sector and this.

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