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Biotech Penny Stocks To Watch This Week If you have been looking at the biotech industry, youâve likely stumbled upon a few penny stocks. This weekend one of the topics of conversation was the industry and how it has superseded the broader markets. If you look at industry benchmark ETFâs like the Nasdaq Biotech ETF (IBB), youâll see what I mean. Despite the S&P (SPY) gapping up on Monday, the ETF is still noticeably lower from its all-time highs. The same is true for the Invesco Nasdaq ETF (QQQ). But if you look at the biotech ETF, not only did it reach fresh highs on Friday, it has also continued trading around those levels to start the week. ....
Pharmaceutical stocks took a major hit after president-elect donald trump accused drug companies of getting away with murder. nancy joins us live from london. take us through the market reaction yesterday. the president-elect was not mincing words on his view of the drug sector getting away with murder when it comes to the pricing. that was the line from donald trump that sent the sector lower on wall street and overall we re talking with the about the nasdaq biotech. nervousness definitely. it s spreading into the european session this morning. we re looking at weakness in the health care sector right here in europe. overall the sector off some 2%. elsewhere investors are keeping an eye on capitol hill and it s no is he kret secret that the secretary of state picks rex tillerson has faced some questions on business dealings ....