Friday's run was not justified by a small beat on losses. It is something we have not heard about.
PCYC has been good but so has XBI with a lot less risk. I do buy individual biotechs (NVAX, Mack) but prefer the ETF.
The main problem with the ETF is they may declare cap gains dividend. I hate them for this.
It sounds sort of Spanish. Why didn't they give it an African name if they like Obama so much?