9/6/2019 Contest update
Despite a decent week for the broad market, the biotech sector faltered. Nonetheless, our stalwart Contest median still managed to climb a couple of percent.
At Friday’s close, the Contest median was up 12.37% YTD (vs. up 10.33% a week ago), the Nasdaq Biotech Index (NBI) was up 5.54% YTD (vs. up 6.28% a week ago) and the smaller-cap S&P Biotechnology Select Industry Index (SPSIBI) was up 10.21% YTD (vs. up 11.54% a week ago), while the Nasdaq Composite Index (NCI) was up 22.12% YTD (vs. up 20.01% YTD a week ago).
BULBA’s portfolio held on to first place with a 86.61% YTD gain, but with a much diminished lead. ANDRE’s portfolio, up 58.43% YTD, and OHMS’ portfolio, up 56.27% YTD, remained in second and third place. (Even if Bulba’s portfolio continues to lose ground, I pledge to never boost its performance with a sharpie.)
At Friday's close, 29 of the 39 Contest portfolios were now in the green, while 24 were now beating the NBI and 21 were now beating the SPSIBI.
The 167 Contest stock picks have an average YTD gain of 16.18% and, moving back into negative territory, a median YTD loss of -0.15%.
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 & mergers, greatly appreciated.)
Enjoy a safe & relaxing post-Labor Day weekend biotechies!
Peace & good health,
Bulba
9/6/19
Rank Name Profit/Loss
1 BULBA 86,608
2 ANDRE 58,428
3 OHMS 56,266
4 KMASTR 50,044
5 ARTHUR 42,489
6 BMAZ 39,646
7 DEWO 37,324
8 HOOD 37,317
9 BLADE 32,482
10 LANCE 31,505
Week's Top 5 Gainers
Symbol 8/30/19 9/6/19 Wk.%chg.
ABEO 1.540 2.980 93.51%
ARDX 3.400 4.870 43.24%
CDTX 1.680 2.180 29.76%
TRIL 0.313 0.390 24.83%
AGRX 1.100 1.370 24.55%
Week's Worst 5 Losers
Symbol 8/30/19 9/6/19 Wk.%chg.
QURE 54.250 44.480 -18.01%
SYBX 2.790 2.360 -15.41%
ACAD 27.660 23.800 -13.96%
SYRS 10.970 9.610 -12.40%
NVTA 24.260 21.500 -11.38%
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