|Day Low/High||1.01 / 1.07|
|52 Wk Low/High||0.97 / 10.14|
My main focus right now is on stronger defense.
A major theme of late has been the outperformance by post-pandemic names in groups such as biotech.
Esperion Therapeutics, Agenus Inc. and Baudax Bio could see coming events trigger positive reactions in their shares.
Here are my takes on stocks in biotech and other companies I own right now.
Recro Pharma Inc., which makes drugs such as Ritalin LA for Novartis, looks healthy going into 2020.
As long as these charts hold up, I will continue to hold them regardless of what the indices might do.
What is particularly interesting about the market action today is that it playing out in a very logical fashion.
The market may need some rest and consolidation, but that doesn't mean it will produce a lot of downside.