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The Closing Bell: U.S. Stocks Trade Little Changed: Biotechnology Shows Signs Of Stabilization
Thinking about your reference above and the bio area......
Some days, when I wonder or am a bit more concerned than normal, about a particular investment; I transition the words of this song to fit our investing markets. One may make the words fit.......the pieces of one's investments and the markets in general.
A wonderful version of this song and with the "Boys", too.
An "investors song".
Click the play button arrow a second time for play, if play doesn't begin.
Look at CELG for example. Closed yesterday at $116 and change. Pre-market down to $115ish. Opens at 8:30 and falls to $114. 8 minutes later over $117 on no news. 15 or so minutes in, $119. $5 move in minutes for a nearly hundred billion dollar company.
SBIO actually finished up .21; but moved around a lot through the day not unlike other larger bio and pharma. Appears the established bio/pharma will be down a tenth or two when afterhours is finished. But, much more calm than the past two days.
A very large amount of money moving around looking for a happy home, if only for the day, eh?
I bought a small position in SBIO on the dip this morning and was happy by the end of the day. This eft is all over the place. In the last 3 months compared to the price it started at it's been everywhere from down 3% to up roughly 31%. In the last week it's lost 15%. If you're an adrenaline junky this is a great fund but otherwise you'd have to stick it in some deep dark corner of your portfolio where you wake up 10 years later and hope its a nice surprise. I'm pretty sure it'll be a surprise one way or the other, I'm just not totally sure which way it'll be.
Comments
Thinking about your reference above and the bio area......
Some days, when I wonder or am a bit more concerned than normal, about a particular investment; I transition the words of this song to fit our investing markets.
One may make the words fit.......the pieces of one's investments and the markets in general.
A wonderful version of this song and with the "Boys", too.
An "investors song".
Click the play button arrow a second time for play, if play doesn't begin.
Take care,
Catch
SBIO actually finished up .21; but moved around a lot through the day not unlike other larger bio and pharma. Appears the established bio/pharma will be down a tenth or two when afterhours is finished.
But, much more calm than the past two days.
A very large amount of money moving around looking for a happy home, if only for the day, eh?
Nice find on the video, never saw that version. Thanks for posting.