Biotech Is The Rate Cut Trade In Disguise
Source: SeekingAlpha
2026-06-29 17:20:00 ET
A week ago, I wrote that leadership had left the mega-cap “generals” and split into two baskets: semiconductors (velocity) and regional banks (breadth). That’s still true. But the dashboard has been quietly flagging a third group climbing the leaderboard, and this week it’s undeniable: biotech is now the deepest pocket of leadership in the entire Nasdaq....
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Biotech Is The Rate Cut Trade In Disguise
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