Mkt and Stem Cells Bounce Back Tuesday 8.18
Tuesday 8.18.09:
DOW +88(.96%)@9,223..NAS +25(1.3%)@1,956..SP500 +10(1%)@989.8
BIO-Stem Index: +1.7@136.58 (+1.25%)today, +36.6% ytd)
BIO-ETF Index: +.56@108.11 (+.53% today, +8.1% ytd)
[Stem cell index beating biotech by 26.3%]
The market regained half of yesterday's drop - as we've said: up today, down tomorrow, ad infinitum. GERN dropped 11.6% more as the FDA halted their study on paralysis so the company could present more animal data; apparently they may be altering the dosages to higher levels. They somehow manage to always find a way to delay any rally for investors - first they issued a secondary and now this. I was stopped out of my shares today, back about where I first bought them, after watching a 20% gain dissipate. 17 Stem cell stocks were up, 14 down, 1 unchanged.
Stem Cell Stocks
Big Winners: ARIA +6.2%, AVII 4.7%, CRIS 4.4%, OSIR 4.6%, OSTE 9.4%, PSTI 21.8%
Losers: CUR -7.9%, GERN -11.6%
Swine Flu Stocks
AVII +4.7%, BCRX +2.4%, DVAX +2.6%, GILD +.1%, INHX nc, INO -2.26%, NVAX +7.6%, SIGA 4.4%, SVA +13.9%
Other Biotech
Big Winners: APT +8%, AVNR +4.3%, CBI +4.9%, CPD +6.7%, MRX +5.6%, VPHM +5.1%
Losers: PLX -5.8%, RPRX -14.7%
Disclosure: long AVNR, ONXX, FAS, FXP.




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