Friday, March 19th, 2010

Sector Spotlight: Biotech

Tuesday, July 15, 2008 at 2:03 pm

24

The space is on fire, thanks to (DNA: 80.43 0.00%). Right now I like: (CELG: 65.02 0.00%), (GILD: 47.42 0.00%), (BIIB: 59.20 0.00%), (CPHD: 17.54 0.00%), & (SVNT: 14.83 0.00%).

Make sure you have exposure to the sector. Feel free to list your Biotech plays in the comment section.

Top pick: (CELG: 65.02 0.00%)

Disclaimer: I’m long CELG

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Comments

24 Responses to “Sector Spotlight: Biotech”
  1. RaginCajun says:

    Woody, I’m all over CPHD above $30.

  2. RaginCajun says:

    Loving that SVNT, thanks matt.

  3. alphadawgg says:

    GENZ

  4. Woodshedder says:

    Cajun, as far as biotechs go, at least they actually turn a profit. I love the company. If you get bored, read about what they make.

  5. kidstock says:

    VVUS

  6. Matt says:

    Rage Cage
    no prob.. I found it after looking for setups in biotech based on your CELG.
    ALTH too.
    so thank you!

  7. Matt says:

    Can we get a 28 handle on SVNT… I think so.

  8. RaginCajun says:

    CELG is in BTFO territory.

  9. Alex says:

    MDT looking to break out.

  10. RaginCajun says:

    saw that, and love it.

  11. Matt says:

    selling some ALTH 8.50

  12. Jakegint says:

    Even I, the mangiest of bears, have my long term IRA hedged with AMGN.

    __

  13. bluedog says:

    Nice moves today in CELG! Congrats.

  14. OE Trader says:

    RC, best time to be in biotech was a month ago. However, there may be some room left to run. My two favorite have been AMGN and SQNM. ONXX will probaby be a BTFO candidate tomorrow.

  15. todd says:

    Good job with CELG. Holy Biotech Batman! AMGN, ALXN, SVNT, who cares about an anti- naked short-sell rule when you have these other opportunities to watch.

  16. Jakegint says:

    Draw your line off the top of that January ‘08 high, and your decision is already made for you.

    __

  17. CubsRock says:

    5 yr. bull market and sitting at 20% correction.

  18. Jakegint says:

    “Secular bear” I says.

    _______

    Anyone looking at shooting the “utes” yet?

    CEG looks a bit joozy.

    ____

  19. LJ says:

    Been loving Biotech AND Pharma charts for 2 weeks now, here are my favorites…

    OSIP, AMED, GILD (flag breakout), SVNT, OSIR, ALNY, MASI (well, kind of biotech), LNCR (senior living), SGP, SYK, SYNO, CPHD, MATK, and big on ALKS

  20. TraderCaddy says:

    How about NBIX, a biotech that has crashed and burned in the last two years (due to sleep drug getting the heave ho from the FDA for further testing)? There has been some insider buying.
    Probably a little early.

  21. Hattery says:

    Buffett’s “biggest loser” SNY

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