Another Technical Look at the Big Biotech ETF

The iShares Nasdaq Biotechnology ETF (NasdaqGM: IBB) is up 1.5% Monday, extending its one-week gain to almost 3%, but the largest biotech ETFs and its rival still have a long way to go to eat into losses incurred over the past few weeks. Heading into Monday, IBB was sporting a one-month loss of...