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Upside Target Met In the SPDR Biotech ETF (XBI)

Posted on: Tuesday, June 27th, 2017

The SPDR S&P Biotech ETF (XBI) traded as high as $80.89 per share on Monday June 26th, essentially meeting our $81.00 upside target first mentioned in our May 1st Keys To This Week report, to capture a 14% gain in a little less than 2 months.

For perspective, during the same period the S&P 500 rose by just 1%.

Here is the chart from our May 1st report.

XBI daily: October 2015 through April 28th

Here is the updated version of that chart through the close today.

XBI daily: October 2015 through June 27th

 

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