So I was thinking that any response to the attacks on Saudi Arabia would happen sooner rather than later but I am no longer convinced that remains the case. Clearly.
It is looking like a macro week, although this could resolve itself fairly quickly. The attacks on the ARAMCO production facility is likely to have long term effects on oil.
Surprise. The sector is weak. I am a little surprised that we are not see a faster sell off as clearly there is no momentum and we have broken support. .
I have class about to begin but I want to put out a quick note on the news. GBT announced that the FDA has accepted the NDA for voxelotor with.
We remain in the summer doldrums but more than that we are stuck in the macro issues. Between a potential recession to the China trade war, it is virtually impossible.
I think today is the day. The sector is at a very precarious positon. It has dropped below what was support but I still think it has a chance to.
So the sector feels a lot worse than the chart indicates. We are right around support at $80 and that seems to have been holding. We are approaching, however, a.
So I do not want to spend a lot of time on macro or the sector as it is the same but we do have some really important news to.
So far the week is ending on a positive note but it is early but not surprising that we see some sort of bounce in the market. I sort of.
We are back into the old pattern. Good biotech news that moves the individual stock but has limited read through. We have had a couple of these days where the.
It has been 24 hours of surprises culminating in my daughters school bus not showing up this morning but that is the least of the surprises. Interestingly, the broader sector.