Biotech Values

[WorstLuck]

After today's Treasury announcement with more weight on Bonds to Bills than previously, I'm more inclined to be cautious about the market in general.

So that was early August. I'm not making a call or time stamping anything because there has been "a recession coming in the next 6-9 months" for at least a year and a half. The market can still make new highs from here. It just continues to look right to be cautious.

$XBI is probably going to have another losing year. There should be plenty of tax loss selling over the next 2-3 months. Not sure how many of those names are worth looking at but a few should have outsized gains to start next year. I've looked at some screens of potential names and it's not as attractive as in past years.

Make your own judgments.