Would you PLEASE give me your best observations re WHAT was happening wrt to Biotechs LAST Dec 28th ?
Look at ^NDX, Biotech MARKET INDEX,
BIB, a Biotech ETF,
RYOIX, a Biotech Sector Fund
The Stock Charts and Historical Prices bring out the SALIENT POINT:
All THREE hit rock bottom PRECISELY on Dec 28th!
Since ^NDX (the Market Index) was in this group, the implication is: ALL OTHER Biotechs behaved the SAME WAY on Dec 28th!
What was “UNIQUE” about Dec 28th ?