Nov
7
Biotech, from anonymous
November 7, 2016 |
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.
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Could you please define IBB?
IBB is the ticker for the iShares NASDAQ biotech etf:
http://www.nasdaq.com/symbol/ibb/real-time