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Another Green Day For Biotech- Rayno Life Science Movers: ALKS, BIIB, GILD, ILMN, RGDX

|Includes:Gilead Sciences, Inc. (GILD), ILMN, XBI

Biotech Stocks Have A Strong Day-April 15 Bottom Holding

Rayno Life Science Portfolios

Stick with larger caps through earnings: ABBV, AMGN, ALKS, BIIB, GILD.

MOMO mid cap stocks coming back today: INCY MDVN PBYI plus many others.

Losers- Cepheid (CPHD and Pharmacyclics (NASDAQ:PCYC)

Our biotech portfolio had a strong day with many stocks up 3% or more. The big test for large caps will be coming up with Q1 earnings releases on Tuesday-AMGN, GILD, ILMN; Wednesday-BIIB; and Friday-ABBV.

News today for stocks in our Diagnostics portfolio:

Cepheid (CPHD $45.84) down 4.36% on Q1 Results announced last Thursday. Revenues were up 16% over 2013 Q1 to $106.9M and Net Loss was $9.3M, compared to profit of 0.3M in 2013.

Response Genetics(RGDX $1.24) up 6.9%, one of our few laggards was up on news of a proprietary NGS panel for lung cancer.

Biotech ETFs firmed up as traders moved in : IBB ($227.34) up 2.33% up 5.5% over 5 days, (XBI($128.47) up 2.46% well off 4/15 bottom.

Disclosure: I am long GILD, ILMN, RGDX.

Additional disclosure: Long FBIOX

Stocks: GILD, ILMN, XBI