17 Years of Biotech Outperforming Pharma Coming to an End?

17 Years of Biotech Outperforming Pharma Coming to an End?

Below I plot a simple chart – the ratio of the PPH pharma ETF vs. the IBB biotech ETF. After multiple failed break-outs over the past nearly two decades, you’ll see the ratio breaking above 17-yr downtrend resistance line (1)…

Random Long Opportunity of the Day

Random Long Opportunity of the Day

In the chart below IG is plotted on a weekly basis. This chart is quite compelling as the stock has wound up in a very well-behaved manner b/t the flag pattern formed by lines (1) and (2) dating all the…...

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Bio-Tech & Pharma Working on Break-Outs

Both bio-techs and pharmaceuticals¬†are working on quality, long-term technical break-outs in the charts below. The set-up in bio-tech is the most compelling given that the DJ Bio-tech index has already cleared all-time highs from 2000. Should it break its next…...

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