Are biopharma and biotech stocks the move for Q4?

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I traded labu last week and make good money. Cant say it was my idea but best trade of the week

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Idk but genomics are the move for the next 10 years

Well I won’t answer that. I’m quite bullish on the markets since Jerome Powell and the Fed have committed to keeping interest rates this low for at least the next 3 years. Plus with the current situation - massive amounts of capital have been moving around as people try to find alternative investments. This will result in a lot more innovation and people taking chances on startups and ideas that otherwise could have been “too risky” in the past. Besides whatever possible short-term pull back from COVID or the election - I don’t think it will be very drastic. Genomics will take off no matter what. I don’t really care about the short term. But on a 5 year time horizon, genomics is definitely a buy.

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