Tuesday afternoon I had a conversation with a dear friend, someone I worked with for many years in the securities business. Over the years we have socialized and gotten to know each other's family. We keep count of grandchildren in an unofficial competition for bragging rights and other milestones. We share jokes, war stories, investment ideas and more.
More from Stocks
So now what? The usual folks are already talking about whether or not this is a bottom.
Let's check to see if these gains by the biotech can be sustained.
Here's a trade in AGNC Investment Corp.
The shares have traded sideways the past two months.