February 19, 2026 7:05am

Wait, don’t bid until you see the green of the ups; best time to sell was at the tip of sector strength

Pre-open Signals: 2 Positive, 4 Negative and multiple drops from aftermarket; if you understand probabilities, the inevitable is easier to maneuver

Remember that overnight action in futures don't necessarily translate into actual trading in today’s regular stock market session.

Never leave retail investor uninformed … I say what others won’t, so you can KNOW what others can’t!

 

“I hate to be considered negative or contrarian but, this is a NO spin zone and truth is its product; I can always be WRONG but, I am mostly EARLY!”

RMi Closing Bell: Boom … https://www.regmedinvestors.com/articles/14318

I chose to speak-up when many analysts, brokers and commentators have shut-up!

 

Thursday: The pre-open Dow futures are DOWN -0.29% or (-142 points), the S&P futures are DOWN -0.24% or (-17 points) and the Nasdaq futures are DOWN -0.35% or (-88 points)

  • U.S. stock futures are falling on Thursday, 2/19
  • European markets opened lower,
  • Asia Pacific traded higher, Hong Kong and mainland China markets remain closed for the Lunar New Year break

 

Economic Data: weekly jobless claims data and pending home sales report

 

Henry’omics: We need to more than consider the market’s setting to grasp the micro re “our” universe of cell and gene therapy companies

  • Wednesday: The Dow closed UP +129.47 points or +0.26%, the S&P closed UP +38.09 points or +0.56% while the Nasdaq closed UP +175.251 points or +0.78%
  • Tuesday: The Dow closed UP +32.26 points or +0.07%, the S&P closed UP +7.05 points or +0.10% while the Nasdaq closed UP +31.713 points or +0.14%
  • Monday was holiday
  • Friday: The Dow closed UP +48.95 points or +0.10%, the S&P closed UP +3.41 points or +0.05% while the Nasdaq closed DOWN -50.4777 points or -0.22%
  • Last week: The S&P 500 was down -1.4%, the Dow -1.2% and the Nasdaq was down -2.1%.
  • The previous week: The S&P 500 closed down -0.1%, the Nasdaq fell -1.84% and the Dow rose +2.5%
  • January: The S&P 500, Dow were up more than 1% and the Nasdaq had a 0.7% gain.

 

Q1/26 – Q1 February – 1 market holiday, 6 positive and 6 negative closes

  • January – 2 holiday, 2 neutral, 9 negative and 9 positive closes 

Q4:

  • December, 1 holiday, 8 positive and 12 negative closes
  • November, 1 holiday, 8 positive and 11 negative sessions
  • October, 1 neutral, 10 positive and 12 negative closes

 

Companies in my headlights – It’s your decision; I provide ideas and context

I post about “indication intelligence” looking toward investment conferences … to assist investors with insight into sector vulnerabilities and strengths.  A dictionary definition of “indicate” refers to something less than a certainty; an indication could be a signal of being oversold or overbought, a recommendation, or grounds for inferring or a basis for believing.

  • Multiple earnings coming as sector releases Qs and FY25 …

Moderna (MRNA) closed up +$2.67 after Tuesday’s +$1.70 after Friday’s +$2.12 with a negative -$0.34 or -0.73% pre-open

IQIA Holdings (IQV0 closed up +$6.64 after Tuesday’s -$2.45 after Friday’s -$1.94 with a positive +$0.44 or +0.26% pre-open

Sarepta Therapeutics (SRPT) closed up -$0.50 with a negative -$0.05 or -0.27% pre-open

BioNTech (BNTX0 closed up +$0.96 after Tuesday’s +$1.12 with a negative -$0.20 or -0.19% pre-open

uniQure NV (QURE) closed up +$1.68 after Tuesday’s +$1.25 after Friday’s -$1.87 with a positive +$0.78 or +3.33% pre-open

Vertex (VRTX) closed down -$7.01 after Tuesday’s -$14.15 after Friday’s +$26.45 with a negative -$0.47 or -0.10% pre-open

 

The BOTTOM LINE: Welcome to my world of defining the “grey’ in our universe!

Investors will look for further insight into inflation this week with the release of the Personal Consumption Expenditures index (PCI), scheduled for release Friday.

Are the dice … hot, as they say it is a “crap shoot”        

Dow Jones futures fell 0.3% vs. fair value. S&P 500 futures declined 0.3% and Nasdaq 100 futures lost 0.4%.

  • For the past several months, the market has tended to have a few good days followed by a few bad sessions, making it hard to gain any traction with new buys.
  • Keep that in mind with the latest batch of buying opportunities. If you take advantage, you have to be nimble, cutting losers quickly and not letting small winners turn into losers. <IBD>

he Q4 and FY25 earnings reporting cycle ….

  • Tuesday - 2/24 – AxoGen (AXGN) and Supernus Therapeutics (SUPN)
  • Wednesday – 2/25 – MiMedx (MDXG), Ionis Pharmaceuticals (IONS) and Sarepta Therapeutics (SRPT)
  • Thursday – 2/26 – Vericel (VCEL) and BioLife Solutions (BLFS)

Welcome to my world of defining the “grey’ in our universe!

  • I hate to be so negative or contrarian but, this is a NO spin zone and facts and truth are its products; I can always be WRONG but, I am mostly EARLY!
  • if I wanted to be liked, I wouldn’t have been an analyst/journalist.

 

February – 3rd week

  • 2/18 - Wednesday closed positive with 30 incliners, 8 decliners and 2 flats
  • 2/17 – Tuesday closed positive with 27 incliners, 11 decliners and 2 flats
  • 2/16 – Monday was market holiday

February – 2nd week

  • 2/13 - Friday closed positive with 24 incliners, 114 decliners and 2 flat
  • 2/12 – Thursday closed negative with 7 incliners, 33 decliners and 2 flats
  • 2/11 - Wednesday closed negative with 12 incliners, 25 decliners and 3 flats
  • 2/10 - Tuesday closed negative with 19 incliners, 20 decliners and 1 flat
  • 2/9 - Monday closed positive with 23 incliners, 14 decliners and 3 flats

 

As the leading voice of cell and gene therapy investors; I am NOT always a doom and gloom analyst/journalist but a man who has been “there” (BUY, SELL, VC and multiple operating roles) with the gray hair and a readership following with real numbers to prove it!

  • I am more frequently right than consequentially wrong; if I wanted to be liked, I wouldn’t have been an analyst/journalist.

 

Opinions expressed are those of the author and are subject to change, and not intended to be a forecast of future events, a guarantee of future results, nor investment advice. All investments are subject to risks. Investors should consider investment objectives.

Whether information or intelligence is good, bad or somewhere in between; I put into context what is relevant and useful for investors.  All investments are subject to risks. Investors should consider investment objectives.  Regulation Analyst Certification (Reg AC):

The research analyst primarily responsible for the content of this report certifies the following under Reg AC: I hereby certify that all views expressed in this report accurately reflect my personal views about the subject company or companies and it’s or their securities. I also certify that no part of my compensation was, is or will be, directly or indirectly, related to the specific recommendations or views expressed.