Momentum Monday...BIOTECH!

Been on hiatus for a few weeks while Ivan shlepped to Bulgaria. He bought me a lousy plate which I show off and break.

If you have 20 during today’s trading day give it a listen and/or watch.

It’s just been a hard market for leadership and momentum with traps like $GOOG and software lately for me and a herky jerky market with last years DREKKK rising and leadership from Biotech ($IBB).

I have no doubt in my mind that Life Sciences is in a massive trend and while Silicon Valley may cool down, Sorrento Valley (San Diego) will heat up.

You can’t have all this cash slosh around and not chase some real returns. People want to live longer and as Mark Cuban discussed in my interview with him last year…personalized medicine and treatments is just big an idea to fail. He has been dead on since we chatted.

Keep it simple and stick to a plan.