Biotech Stocks Have A Strong Day-April 15 Bottom Holding
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:
Disclosure: I am long GILD, ILMN, RGDX.
Additional disclosure: Long FBIOX