Re: Slightly OT: XBI, Breaking down or returning to normal?
IMHO, you are correct to continue to keep an eye on it because it is absolutely relevant.
I watch it everyday because I own a bit of bio index.
Many analysts have been pushing biotech for over 6 months. However, biotech continues to underperform.
Big Tech has all of the market's attention.
Renewed biotech interest could help NVAX, but until something happens to reverse the trend, our best bet is performance and execution.