6/30/2017 Contest update
As the POTUS might put it, biotechs had a facelift this week and the bleeding was ugly. But, despite the sanguineous week, biotechs wound up with nice gains for both June and for the second quarter.
At the close of Q2, the Nasdaq Biotech Index (NBI) was up 17.06% compared to up 10.70% at the close of Q1, while the smaller-cap S&P Biotechnology Select Industry Index (SPSIBI) was up 30.58%, at the close of Q2 compared to 17.29% at the close of Q1.
As for the Contest median, it also had a positive second quarter although not matching the Indexes. It extended its gain to 20.00% at the close of Q2 from 17.39% at the close of Q1.
I will post additional second quarter performance data for Contest portfolios and Contest stock picks shortly.
Meanwhile, at Friday’s close, as noted above the Contest median was up 20.00% YTD (vs. up 25.61% YTD a week ago), the Nasdaq Biotech Index (NBI) was up 17.06% YTD (vs. up 20.97% YTD a week ago) and the smaller-cap S&P Biotechnology Select Industry Index (SPSIBI) was up 30.58% YTD (vs. up 36.03% YTD a week ago). The Nasdaq Composite Index (NCI) closed up 14.07% YTD (vs. up 16.39% YTD a week ago).
BIOADD’s portfolio, with help from SBBP, jumped from fourth place last Friday into the Contest lead and is now up 66.45% YTD. HRS’s portfolio, up 61.16% YTD, remained in second place and ROBO’s portfolio, up 61.10% YTD, was a smidgen below in third place.
At Friday's close, 44 of the 48 Contest portfolios were still in the green, with 29 beating the NBI and 13 beating the SPSIBI.
The 195 Contest portfolio stock picks have an average YTD gain of 18.40% and a median YTD gain of 10.38%, with 115 of the 195 picks up for the year.
Below is the Top Ten list. Also below are the Top 5 & Bottom 5 Stocks for the week ranked by % Gained and % Lost YTD. (Prices not converted to US$ in these Tables.)
Portfolio adjustments: None
(All corrections, especially adjustments for splits, greatly appreciated.)
Enjoy a safe and fun Independence Day biotechies!
Peace & good health,
Bulba
6/30/17
Rank Name Profit/Loss
1 BIOADD 66,449
2 HRS 61,155
3 ROBO 61,097
4 SMALLB 49,748
5 TOMP 49,407
6 YVR 48,235
7 KMASTR 45,978
8 TUCK 42,425
9 BIOMAV 39,707
10 RKRW 39,402
Week's Top 5 Gainers
Symbol 6/23/17 6/30/17 Wk.%chg.
ORPN 0.43 0.67 54.73%
IPIX 0.72 0.96 34.25%
CAPR 0.63 0.83 30.91%
SBBP 5.50 7.15 30.00%
ADMA 3.15 3.84 21.90%
Week's Worst 5 Losers
Symbol 6/23/17 6/30/17 Wk.%chg.
ALDR 19.70 11.45 -41.88%
CARA 22.65 15.39 -32.05%
XENE 4.100 3.150 -23.17%
OMER 25.71 19.91 -22.58%
GLYC 13.41 11.16 -16.78%
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