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Biotech/Pharma capex and supplier stocks going down due to Bernie's nomination


RuleNumberOne

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The following suppliers used for drug discovery by pharma/biotech fell today really hard.

 

A, PKI, TMO, BRKR, ILMN, WAT, MTD

 

The Iowa caucuses are on Monday. A Bernie win there will be a real jolt to healthcare stocks.

 

Pharma capex must be on hold until the elections are over.

 

Edit: Added MTD.

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Its actually quite funny. Multiple days ago now, I accidentally started a thread on Simon Property Group in the General Discussion section. It still hasn't been moved to the correct place. Put up a thread with even a mouse fart sized hint of politics, Sanjeev will be here to move it in like 27.3333 minutes flat.

 

And fwiw, ILMN had earnings which is why it was down.

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