Don’t be too Quick to be Bearish on Biotech ETFs
September 04, 2015 at 08:20 AM EDT
The iShares Nasdaq Biotechnology ETF (NasdaqGS: IBB), the largest biotech ETF by assets, and other biotech ETFs have proven to be predictable targets for bearish chatter and selling pressure during the recent market downturn that has seen investors forsake momentum sectors and stocks. Given the...