Here's what the rally in biotechs looks like compared to the tech bubble (QQQ, IBB, IXIC, XBI)
Akin Oyedele
Mar. 23, 2015, 2:21 PM
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Biotech stocks are on fire.That’s given some analysts flashbacks of 2000, when tech valuations were red hot, but it didn’t end well because they crashed.Michael Batnick over at The Irrelevant Investor posted this chart Monday that compares the rally in tech stocks then to biotechs in recent years.He describes the biotech rally:”In the 168 weeks since […]