Sunday, April 13, 2014

Australian Biotechnology Stocks

Below is my Watchlist.

FPH MYX CAJ PHG PBP
ADO SIP
BKL CUV BIT
AVH TIS

Australian Biotech stocks are traveling nicely unlike their American cousins.
US biotechs have seen a major sell-off over the last couple of months.  
The Proshares Biotechnology Index (BIB) is down nearly 40% since its late Feb highs. Check chart below.















Note - I do not own any of the mentioned stocks though I may initiate several positions in the next couple of days.

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