Monday, April 14, 2014. Nasdaq up 22.96. Dow up 147 points.
Tuesday, April 15, 2014. Nasdaq up 11.47 points. Dow up 89 points.
Wednesday, April 16, 2014. Nasdaq up 52.06 points.
Thursday, April 17, 2014. Nasdaq up 9.29 points.
Considering these recent four days REGN had not budged; in fact, this was down even on Thursday.
This is certainly a harbinger of future consternation which is somewhat tantamount to the year of 2000. The new tech. and med. stocks will continue to struggle as the new era of reality will set in: Tapering will conclude; interest rates will rise soon after; inflation will rear its ugly head.
Even though this was a good week for the Nasdaq, we are wondering what this means for the aforementioned sectors. Since we had the bubble the previous year and prices are overly bloated, the axiom will loom large - "Sell in May and go away." It is not May as yet; but, it will not hurt to prepare.