7/24/15 Contest update
If thoughts of a bursting biotech bubble frightens you, reading “The Really Big One” in the 7/20/15 “New Yorker” should push that fear right out of your mind. It did for me. And I don’t even live in the Pacific Northwest.
newyorker.com
Meanwhile, I wouldn’t yet dub the bubble bursted, but biotechs did have a lousy week. At Friday’s close, the Contest median was up 41.80% YTD (vs. up 47.45% YTD a week ago), the Nasdaq Biotech Index closed up 24.51% YTD (vs. up 31.01% YTD a week ago), while the smaller-cap S&P Biotechnology Select Industry Index closed up 37.15% YTD (vs. up 45.34% YTD a week ago). The Nasdaq Composite Index was up 7.44% YTD (vs. up 10.01% YTD a week ago).
DEWDIL’s portfolio, up 96.72% YTD, suffered less than other Contest leaders and took back first place. DANIEL’S portfolio, up 91.05% YTD, fell to second place and DONS’ portfolio, up 85.41% YTD, dropped to third place.
At the week’s close, 48 of the 51 Contest portfolios were in the black with 36 still beating the NBI and 27 beating the SPSIBI. The 206 Contest stock picks have an average YTD gain of 29.08% and a median YTD gain of 10.38%.
Below is the Top Ten list. Also below are the week’s Top 5 & Bottom 5 Stocks. (Foreign stock prices not converted to US$ in these Tables.)
Portfolio adjustments: None
(All corrections, especially adjustments for buyouts & splits, greatly appreciated.)
Enjoy a seismically quiet weekend biotechies!
Peace & good health,
Bulba
7/24/15
Rank Name Profit/Loss
1 DEWDIL 96,717
2 DANIEL 91,049
3 DONS 85,414
4 MCBIO 82,391
5 MOPGCW 74,429
6 GUERL 72,785
7 CLARK 72,375
8 FRED 66,232
9 WORK4 65,641
10 IJF 65,197
Week's Top 5 Gainers
Symbol 7/17/15 7/24/15 Wk.%chg.
EXEL 3.910 5.590 42.97%
CARA 15.660 20.430 30.46%
ENUM 0.500 0.600 20.02%
MDGN 6.860 8.220 19.83%
BSTC 52.590 62.310 18.48%
Week's Worst 5 Losers
Symbol 7/17/15 7/24/15 Wk.%chg.
XOMA 4.520 0.942 -79.16%
VTL 22.600 13.740 -39.20%
AFMD 21.930 16.250 -25.90%
BIIB 404.660 300.030 -25.86%
JNP 10.870 8.380 -22.91% |
