May 27, 2016 5:07pm
Have a safe and enjoyable Memorial Day weekend …
The iShares Nasdaq Biotechnology ETF (IBB) traded more than half a percent higher.
Do you care what happened today, you should … because it has implications to Monday's sector activity?
There are two things that everyone needs interpretation and translation of intelligence, not just news or information - we get too much!
- To that end, I report a matrix of variables designed for investor’s consideration concerning the stem, cell and gene therapy and regenerative medicine portfolio to track and monitor its pricing metric;
U.S. stocks traded slightly higher Friday, tracking for a solid week of gains ahead of the Memorial Day weekend, after comments from Fed Chair Yellen.
The NASDAQ closed UP +31.74 or +0.65% to 4,933.50 and the DOW closed UP +44.93 or +0.25% to 17,873.22.
A day in the life of the stem, cell and gene therapy RegMed (SCGT & RM) sector – the advance/decline line scenario of our 43 covered companies.
- Opened barely positive with an A/DL of 19/18 and 6 flats;
- The mid-day slipped neutral with an A/DL of 20/20 with 3 flat;
- The closing bell was positive with A/DL of 27/13 with 3 flats
Henry’omics:
Sector stocks opened barely positive, flipped neutral at the mid-day and closed positive.
- Stem, cell and gene therapy and regenerative medicine sector stocks traded with lower volume, as expected!
Today’s Bottom Line:
The biggest problem investors face is the uncertainty of share pricing. So, which decisions are investors paying for – the ones that assist managements!
Review my fear gauge or the CBOE Volatility Index (VIX):
- Friday traded near 13.3;
- Thursday traded near 13.8;
- Wednesday traded near 13.8;
- Tuesday traded below 15;
- Monday traded below 16
- Last, Friday traded 15.5;
Most active sector stocks + and -:
- Biostage (BSTG) -5.37%;
- Neuralstem (CUR) -4.72%;
- ReNeuron (RENE.L) -3.57%;
- Caladrius Biosciences (CLBS) -3.57%;
- uniQure (QURE) -2.28%;
Versus …
- Stemline (STML) +15.02%;
- Adverum (ADVM) +6.13%
- Verastem (VSTM) +4.93%;
- Bellicum (BLCM) +4.36%;
- Organovo (ONVO) +3.69%
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.
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.
Henry McCusker, the editor and publisher of RegMed Investors does not hold or have positions in securities referred to in this publication.