JPMorgan Healthcare Conference 2010: Trends and Company Updates
Over 6000 people piled into the Westin St. Francis Hotel in San Francisco for the 28th Annual Conference. Investors, Company presenters and entrepreneurs were emboldened by good biotech sector returns in 2009 of 18-28% with many stocks reaching new highs. Seasonality has been a factor with the so-called “January effect” where small cap stocks tend to spike up due to a number of factors but this Conference has been paramount. For example the IBB ETF is up about 6% from November levels.
