Biotech, from anonymous

2016-11-07 · anonymous
Original source

Suntrust claims that on average biotechs drop 18.8% going into elections and then rebound 14.9% into EOY.

Here's a quick look just to run some numbers. IBB is a Biotech ETF, SPY is one of the ETFs that tracks the S&P 500. EOY refers to the end of the year shown.

Comments

Robert on November 7, 2016 9:11 pm

Could you please define IBB?

Robertdole on November 11, 2016 10:17 am

IBB is the ticker for the iShares NASDAQ biotech etf:

http://www.nasdaq.com/symbol/ibb/real-time