Can Biotech Stocks Keep Rallying?

It has been a steep and relentless ascent for most parts of the US equity market since the January/February lows. Some market pundits are now calling for biotechnology stocks (IBB etf) to become the next market leader. While I don’t think biotech stocks have to fall apart here, they do look very stretched for the time being.

Serge Berger
President/Founder
TheSteadyTrader.com

Submit a Comment

Your email address will not be published.

Get Our Free Daily Trading Videos

Delivered To your Inbox

By submitting your information you agree to our Terms of Service and our Privacy Policy