Its interesting, but like so many biotech stocks, as I refer to them, they are really difficult some days.
SGEN has been I have followed and mentioned numerous times, and when I wasn't looking it got away from me, but then there are the others that get news, and before the stock market even opens you are looking ata substantial loss.
ARNA at least has been given FDA approval, and by the chart it digested it gains for a few days. Today it showed some promise to the upside, but whoever knows what happens next.
I still like my old industries, coal, oil, oil service, even aluminum stocks are trying again, CENX, AA.
Its just nice to see the stock market catch some bids, as opposed to a market that just drifted lower.
Housing stocks and REITS still catching a bid, but they can be selected.
Natural Gas stocks seem to be digesting there gains for now. MMR is a good scalper, ECA, and UPL also, while XCO has become the dog of the group. KWK came back some, but with every stock you have to be careful of expectations.
Meanwhile Mary's Funds, RFNCX, BFTHX, BARZA, NBRFX appear to be moving above there 200 day moving average, always a nice developement, IMHO
