Technicals, Politics Clash for Biotech ETFs
September 06, 2016 at 10:43 AM EDT
The iShares Nasdaq Biotechnology ETF (NasdaqGS: IBB), which tracks the Nasdaq Biotechnology Index, the largest biotech exchange traded fund by assets, is off just 1.8% over the past 90 days. That showing is not too bad considering the impact presidential election year rhetoric is having on the...