Saturday, February 13, 2016

Medical Stocks Technical Watchlist - Feb 2016

LABD
BIS
NAII
ARGS
SCAI
CERS
SPHS
IPCI


My latest medical stocks technical watchlist is very short since this sector is in sharp decline. This year the IBB Biotech Index is already down a staggering 25% so I am not confident buying into this market. Biotech stocks began declining around Aug 2015 and are now down around 38%. 



My fund is now holding close to maximum cash and waiting for improvements in market sentiment to open new positions.


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