Stocks Slammed Into Red For Week As Biotechs Break Key Support

The “moar easing” hope-strewn panic-buying of the last few days is rapidly turning into regret as US equity markets tumble back into the red for the week. The biggest driver today appears to be pressure on the Healthcare sector driven by Biotechs collapse and break below a key uptrend…

But moar easing… The plunge in stocks has a very ‘liquidation’ feel to it…

 

As Biotechs break support…

 

 

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Author: Travis Esquivel

Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.

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