GOOG/GOOGL: Blowout Quarter, MSFT: Excellent Quarter As Well
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Google (GOOG/GOOGL) just reported a blowout quarter after the market close
Thursday. Revenue was +15%, Operating Margin surged to 31.6% from 25.0% a
year a...
2022-06-24
Profit Taking in Biotech
After leading the rally, biotech is selling off today. Potentially a side of running out steam, but also a sign of natural profitaking as sectors such as communication services (XLC) take the mantle.
As long as biotech is an outlier, I think this is healthy rally action. It will be concerning if the rest of market sells off and biotech continues falling.
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