Daily happenings?., page-527

Maybe our turn soon. Let's hope so!
From Market Index.
"The Biotech sector is quietly breaking out, with a barometer like the iShares Biotechnology ETF (US-listed) up almost 7% in the last five sessions (above). It’s breaking out after seven months of sideways action to trade at levels not seen since January 2022.

Biotech was one of those sectors that was heavily punished amid the global rate hiking cycle. As rate cuts begin to enter the picture – valuations have started to recover and companies experiencing clinical trial success are being rewarded.

While this is a sector that might be known for rallying 100% one day and then halving the next – There’s a long list of runners that have just kept on running this year.

A few that come to mind are BOT, CU6, DXB, LTP and PYC."