Well this has certainly been an unusual week. Fortunately, it seems to have been an unusually good week for both the broader market (up 7.5% for the NASDAQ composite) and the biotech indices, which did even better, up 9.7% and 14%. And this has been even broader: 81% of the contest selected stocks were in the black for the week. In some cases it wasn’t just irrational exuberance, there was some sort of explanation. Last week’s top performer, FSTX, which is carried by five portfolios, owed its 87% rise to a proposed cash acquisition. IPIX made a 74% jump probably because of strong in vitro results for an anti-COVID antiviral.
In terms of the portfolio performance, every contestant was in the black for the week, running from up just 0.3% to 29% for BLADERUNNER, thanks to a $20,000 stake in FSTX. Our current top YTD contestant, DIEGOSAN, has lept to being only 5.4% in the red. More weeks like this? Who knows, portfolios might make an actual positive return by the end of the contestant. Special congratulations for ETHAN H, and TAMBORELLI, for their return to the top 10 after three weeks absence.
| Report Time Ranges
|
|
| From
| To
| Recent
| 6/17/22
| 6/24/22
| YTD
| 12/31/21
| Index Performance
|
| Symbol
| Recent
| YTD
|
| ^IXIC
| 7.49%
| -25.81%
| ^NBI
| 9.66%
| -18.59%
| ^SPSIBI
| 13.94%
| -31.07%
| Share Performance
| Recent
| YTD
| Top 5
| Bottom 5
| Top 5
| Bottom 5
| FSTX
| 87.390%
| PRDS
| -29.098%
| OPTN
| 132.10%
| GNCA
| -98.56%
| IPIX
| 74.026%
| KZIA
| -19.734%
| CBIO
| 65.21%
| PRQR
| -91.51%
| IPHA
| 44.500%
| CRVS
| -17.143%
| MACK
| 49.62%
| VLON
| -91.47%
| CLVS
| 44.068%
| AYLA
| -15.079%
| VRTX
| 33.22%
| PTE
| -88.62%
| WVE
| 43.147%
| AMBS
| -12.903%
| ESPR
| 29.40%
| AYLA
| -87.43%
|
| Top 10 Portfolio YTD
| YTD(Portfolio - SPSIBI)
| Rec
| Rec(Port. - SPSIBI)
| DIEGOSAN
| -5.39%
| 25.68%
| 10.129%
| -3.814%
| DEW DILIGENCE
| -18.74%
| 12.33%
| 10.695%
| -3.248%
| KMASTRA
| -24.23%
| 6.84%
| 20.585%
| 6.642%
| TECHNETIUM
| -25.95%
| 5.12%
| 11.512%
| -2.430%
| GENEGURU
| -29.50%
| 1.57%
| 0.758%
| -13.185%
| BIOSCIENTISTSA
| -30.80%
| 0.27%
| 7.476%
| -6.466%
| ROCKY9
| -32.81%
| -1.74%
| 11.042%
| -2.901%
| TAMBORELLI
| -33.52%
| -2.45%
| 16.632%
| 2.690%
| A.J. MULLEN
| -33.53%
| -2.46%
| 5.145%
| -8.798%
| ETHAN H
| -33.89%
| -2.82%
| 14.185%
| 0.242%
| Average and Median Portfolio Performance
|
| Avg Recent
| Avg YTD
| Median Recent
| Median YTD
|
| $6,313
| -37.47%
| BIO-TITAN
| $6,557
| MOPGCW
| -38.48%
| 11.56%
| DEW DILIGENCE
| 10.817%
|
Rick Shafer |
