Mkt and Biotech Down Wednesday 9.23

Wednesday 9.23.09:
DOW +51(.5%) @9,830..NAS +8.26(.39%) @2,146..SP500 +7(.66%) @1,072

BIO-Stem Index: -2.07 (-1.4%) @146.88 (+46.88% ytd)
BIO-ETF Index: -1.25 (-1.08%) @114.67 (+14.67% ytd)
[Stem cell index beating biotech by 28%]

The market was up all day, then fell about 1% in the last hour, as the Fed left rates unchanged as predicted. Stem cells reversed yesterday's count, 12 up and 19 down. CelSci (CVM) did fall over 10% today, but KERX rose 15% (up 40% at one point) on positive results for a kidney drug. Today, our stem cell index fell a little more than the biotech ETFs. [neither CVM nor KERX are in this due to tiny mkt cap; the drop was uniform, as 22 of 25 were down, but obviously nothing fell very much]

Stem Cell Stocks (7 up, 24 down)
Big Winners: ASTM +14.4%, ATHX +8%, OPXA +12.4%
Losers: CRIS -5.1%, CUR -10.2%, GERN -3.4%, OSTE -3.8%

Swine Flu Stocks
AVII -.55%, BCRX +.44%, DVAX -3.5%, GILD -.54%, INHX +.83%, INO -5.9%, NVAX -7.1%, SIGA -1.8%, SVA +5.3%
Other Flu: CVM -10.1%, GNBT +3.3%, VICL -5.4%

Other Biotech
Big Winners: AGEN +5.1%, AVNR +6.3%, JAZZ +3.7%, KERX +14%, NKTR +9.4%, PLX +6.2%, RPRX +6.7%,
Losers: ACAD -3.1%, ALTH -3.4%, CGEN -5.3%, CTIC -4.2%, DSCO -5%, JAV -8.3%, MAXY -4.4%, NVGN -4%, ONCY -7.8%, ONTY -4.1%, ONXX -3.5%, OXGN -6.3%, PARD -3.5%, SUPG -6.5%, SVNT -3.2%, VVUS -3.5%

SubMicro: ENMD +9.2%, GETA +11.6%, PCYC -10.3%, PPHM -4.8%, TGX +4.2%, THLD +6.8%, XOMA +18.5%

Volume Up vs Daily Avg: ASTM, CUR, OPXA, SVA, CVM, AGEN, ALTH, BMRN, BSDM, CRGN, FACT, GTXI, ILMN, JAZZ, KERX, MAXY, ONXX, PGNX, PLX, SLXP, THRX, CEGE, GETA, KOOL, XOMA

New Intraday Highs: KERX, MED, MRX, SNY, CLSN, NAII, GETA

Disclosure: Long DNDN, CVM, BSDM, KERX