For better or worse, late June through mid-July tends to be a period
where very little of note happens. There are no major medical
conferences during this period, the FDA seems to avoid scheduling PDUFA
dates during this time period, and there are no significant earnings on
the calendar. With analysts and managers using the time to take rare
vacations (or not-so-rare excursions to the golf course), stocks tend to
drift and investors can likely expect the same for the week ending July
13.
Please click here for more:
http://stocks.investopedia.com/stock-analysis/2012/The-Week-Ahead-In-Healthcare-VVUS-GSK-JNJ-XLV0706.aspx
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