24 Jan 2014

One of the Biggest Bull Markets You May Ever See

Last month, we showed you the big boom in biotech...
 
Remember, biotech is one of the greatest "boom and bust" sectors known to man.
 
Since 1983, the sector has seen four triple-digit runs... and one quadruple-digit run of 1,347% in the early 1990s. The busts were equally spectacular, taking the entire sector down by as much as 70%.
 
After the most recent bust in 2009, the Nasdaq Biotech Index started a huge rally... The index is up 250% in five years. And it was the top-performing sector in 2013.
 
biotech stocks 5-year chart
 
Despite the big run higher, we argued that there would be more gains ahead...(more)
 
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