Sector Spotlight: Biotech
July 15, 2008 – 2:03 pm
The space is on fire, thanks to [[DNA]]. Right now I like: [[CELG]], [[GILD]], [[BIIB]], [[CPHD]], & [[SVNT]].
Make sure you have exposure to the sector. Feel free to list your Biotech plays in the comment section.
Top pick: [[CELG]]
Disclaimer: I’m long CELG
ALTH
July 15th, 2008 at 2:06 pmWoody, I’m all over CPHD above $30.
July 15th, 2008 at 2:17 pmLoving that SVNT, thanks matt.
July 15th, 2008 at 2:21 pmGENZ
July 15th, 2008 at 2:24 pmCajun, as far as biotechs go, at least they actually turn a profit. I love the company. If you get bored, read about what they make.
July 15th, 2008 at 2:25 pmVVUS
July 15th, 2008 at 2:41 pmRage Cage
July 15th, 2008 at 2:53 pmno prob.. I found it after looking for setups in biotech based on your CELG.
ALTH too.
so thank you!
loving =CELG.
July 15th, 2008 at 2:57 pmCan we get a 28 handle on SVNT… I think so.
July 15th, 2008 at 3:00 pmCELG is in BTFO territory.
July 15th, 2008 at 3:04 pmMDT looking to break out.
July 15th, 2008 at 3:08 pmsaw that, and love it.
July 15th, 2008 at 3:16 pmselling some ALTH 8.50
July 15th, 2008 at 3:20 pmEven I, the mangiest of bears, have my long term IRA hedged with AMGN.
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July 15th, 2008 at 4:17 pmNice moves today in CELG! Congrats.
July 15th, 2008 at 5:22 pmRC, best time to be in biotech was a month ago. However, there may be some room left to run. My two favorite have been AMGN and SQNM. ONXX will probaby be a BTFO candidate tomorrow.
July 15th, 2008 at 6:15 pmGood job with CELG. Holy Biotech Batman! AMGN, ALXN, SVNT, who cares about an anti- naked short-sell rule when you have these other opportunities to watch.
July 15th, 2008 at 6:48 pmEasy trade on XLE, choose your own side
http://img228.imageshack.us/img228/4084/xlejulyco4.jpg
July 15th, 2008 at 7:51 pmDraw your line off the top of that January ‘08 high, and your decision is already made for you.
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July 15th, 2008 at 8:03 pm5 yr. bull market and sitting at 20% correction.
July 15th, 2008 at 8:07 pm“Secular bear” I says.
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Anyone looking at shooting the “utes” yet?
CEG looks a bit joozy.
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July 15th, 2008 at 8:12 pmBeen loving Biotech AND Pharma charts for 2 weeks now, here are my favorites…
OSIP, AMED, GILD (flag breakout), SVNT, OSIR, ALNY, MASI (well, kind of biotech), LNCR (senior living), SGP, SYK, SYNO, CPHD, MATK, and big on ALKS
July 16th, 2008 at 8:43 amHow about NBIX, a biotech that has crashed and burned in the last two years (due to sleep drug getting the heave ho from the FDA for further testing)? There has been some insider buying.
July 16th, 2008 at 8:53 amProbably a little early.
Buffett’s “biggest loser” SNY
July 16th, 2008 at 9:35 am