Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jenna who started this subject	12/22/2000 10:18:01 PM
From: blackmerlin	Read Replies (1) of 120523

Biotech stocks did well today and the older, more established biotechnology stocks performed well for the week. As for the Weekly BioRollerCoaster: Biotechnology stocks climbed on Monday 12-18-00 after a mixed showing on Friday 12-15-00. This direction continued in the am of Tuesday, but biotechs retreated in the pm of Tuesday through Wednesday with technology stocks in general in response to the Federal Reserve's decision to leave key interest rates unchanged. On Thursday 12-21-00, a rally in well-established biotechs led the sector back up. Biotechs continued to rise in step with Friday's general pre-holidays stock rally. The BioBizNet Select Index closed the week ending off 4.91% reflecting weakness in the stocks of some of the newer biotech companies in the Index. The Amex Biotechnology Index (^BTK on Yahoo,BTK.X on SI) on the other hand ended the week little changed, up 0.26%. Please see biobiznet.com for individual stocks. Regards, Jake Blackmerlin

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next