US equities markets engineered a major comeback after being hammered at the opening bell. The SPY ETF, which tracks the S&P 500, was down over 2% before reversing to become positive by the latter part of the session. The healthcare ETF XLV and the biotech ETF IBB both bounced back as well and were positive […]
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Overall, healthcare and biotech were both up today, with biotech being the biggest gainer. IBB, the biotechnology ETF, was up nearly 3% today, whereas the overall healthcare sector ETF XLV was up about 0.70% as of the time of recording this content. This marks a sharp change of sentiment, since XLV has been more bullish […]
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The equities markets adopted a clearly bullish tone today, as most indexes rallied strongly back towards the price ranges they were at on Monday of last week. However, there is still substantial ground to go to consider this a full recovery. While pundits continue to debate why the markets declined sharply beginning October 10th, what […]
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