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The Money Is In The Thinking (guest: Morris Sachs)

The Market Huddle

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The Mid-Cap Biotechs Aren't Getting Much Love, Right?

I want to highlight just how weak the subgroups, the smaller mid-caps and all these different things. The biotechs, the health care in general, XLV, had a great run. But then you take a look at the basket of the kind of more mid-cap biotechs in the XBI and it hasn't moved. Well, listen, the whole market's kind of stuck in wind, so not much is going up right now.

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