1/22/16 Contest update
Was it fear of the blizzard that got the algos to stop selling? Or maybe it was the blizzard of fear that got me chanting over and over “I capitulate”? Who cares! What counts is that biotechs actually managed a tiny gain for the week!
At Friday’s close, the Contest median was down -22.51% YTD (vs. down -24.68% YTD a week ago), the Nasdaq Biotech Index (NBI) was down -14.87% YTD (vs. down -16.04% YTD a week ago) and the smaller-cap S&P Biotechnology Select Industry Index (SPSIBI) was down -21.03% YTD (vs. down -21.54% a week ago). The Nasdaq Composite Index (NCI) closed down -8.31% YTD (vs. down -10.36% YTD a week ago).
Our Contest leader remains in the red, with DODGY’s portfolio, down -11.08% YTD, now in first place. Second place still goes to JBOG’s portfolio, down -12.00% YTD, with DNAJOE’s portfolio, down -12.41% YTD, in third place.
At Friday's close, all 58 Contest portfolios continued in the red, with 7 beating the NBI and 23 beating the SPSIBI. The 224 Contest stock picks have an average YTD loss of -19.40% and a median YTD loss of -20.52%.
Below is the Top Ten list. Also below are the Top 5 & Bottom 5 Stocks for the week ranked by % Gained and % Lost YTD.
Portfolio adjustments: None
(All corrections, especially adjustments for splits, greatly appreciated.)
Enjoy the snow, or lack of it, biotechies!
Peace & good health,
Bulba
1/22/16
Rank Name Profit/Loss
1 DODGY -11,081
2 JBOG -11,998
3 DNAJOE -12,405
4 MASTER -12,815
5 DANIEL -13,017
6 FRED -13,260
7 DOUGH -13,476
8 PGO -14,918
9 STOIC -15,058
10 JACKH -15,893
Week's Top 5 Gainers
Symbol 1/15/16 1/22/16 Wk.%chg.
BITI 13.20 24.58 86.21%
ZFGN 5.81 8.84 52.15%
SPHS 1.67 2.34 40.12%
ESPR 13.77 18.79 36.46%
GLMD 5.51 7.49 35.93%
Week's Worst 5 Losers
Symbol 1/15/16 1/22/16 Wk.%chg.
CSII 13.07 8.74 -33.13%
TTHI 1.68 1.40 -16.67%
SRPT 14.28 12.11 -15.20%
CFRX 4.25 3.65 -14.12%
IDRA 1.98 1.74 -12.12% |
