March 26 Biotech Update

The sector has had a nice sharp pullback that has challenged sentiment a little. I was a little surprised about how quickly sentiment got negative yesterday as we have had.

March 21 Biotech Update

This will certainly be a bad day for the large cap but I would not be surprised to see the XBI outperform if not eventually turn green as M&A fever.

March 19th Biotech Update

The XBI seems to be churning early this week and while we did not get the run that was possible, it is not bad to sit at these levels for.

March 14 (Pi day) biotech update

A nice late day rally yesterday was a good sign. That was what I was waiting for after a morning of listless direction. It is looking more and more likely.

March 13 Biotech Update

Yesterday was a good day for the sector and we are right back to what could be some resistance on the XBI at $90. There was some good news coming.

March 12 Biotech Update

I am finally back and the sector appears to have pulled back a little. I do not see this a particularly bad pull back as it looks to have closed.

February 28th Biotech Update

The sector continues to hang out at these levels and my sense is that the longer we wait to go, the more likely we consolidate the move higher. I do.

February 27 Biotech Update

We still have not gapped and went, so I would think that possibility is lowering but I would not completely discount it. We have some positive news today in the.

February 26 Biotech Update

The sector has gapped above the range with merger Monday. Interestingly the last gap we saw in the XBI (JPM week) saw a gap and run instead of a test.

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.

February 5 Biotech Update

There might be reason for optimism in the sector. The XBI seems to be breaking above its recent range and the $80 level might have been support for this new.

February 1st Biotech Update

The sector seems to have gotten its footing in a way I was not expecting. Perhaps there is a bigger underlying bid than I thought. Perhaps the dovish turn in.

January 30 Biotech Update

Another day and another weak earning for biotech. This was fairly predictable and the real question is how far these earnings (and the upcoming slew of secondaries now that the.

January 29 Biotech Update

An interesting start to large cap earnings. The sector was weak yesterday and this could be the long awaited pullback (or another head fake). Ideally, the pullback bottoms out in.

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