Biotech Stocks in Broad Sell-Off
The biotech sector is usually immune to macro events but today the crisis in Greece gave investors an excuse to take profits. Many biotech stocks and ETFs were down over 3% faring worse than the NASDAQ down 2.4%. The sector, as tracked by IBB, is still up 18.87% YTD after hitting a high of 383 on […]
KITE Flying High! KITE, JUNO, BLCM, BLUEShares of Kite Pharma, Inc. (KITE) popped nearly +16% today, afterthe company announced acquisition of a privately held Netherlands-based biotechnology company, T-Cell Factory B.V. This may not have been the only reason. Juno Therapeutics (JUNO) said today that it expects to have 10 product candidates in clinical development directed at six different cancer-associated antigens. […]
The medicine man, for the win.My current biotech holdings consist of NDRM, GILD, AMGN (big pharma), JAZZ, ICPT, SGEN and I own a few hospital names like LPNT and HCA. I am a man of many hats. But I will tell you, this sector isn’t done going higher.Just the other day, this industry was down in the dirt, Hybrid score […]
I’m always in search of trends that may offer solid investment opportunities (using individual stocks) but at the same time may not be “bleeding edge” technology. The best performing trend trading stocks don’t have to be unknown or highly touted IPO’s but rather they can be established companies. In searching for trends in 2015, the list of stocks I have […]
