Donald Trump knocked yet another industry in his press conference Wednesday, but this time it wasn’t manufacturers or car makers. It was health care. And shares of U.S. pharmaceutical companies promptly fell, dropping by an average range of about 3% to 5%.
“We’ve got to get our drug industry back,” he said. “Our drug industry has been disastrous. They’re leaving left and right. They supply our drugs, but they don’t make them here, to a large extent. And the other thing we have to do is create new bidding procedures for the drug industry because they’re getting away with murder. Pharma … has a lot of … lobbyists and a lot of power, and there’s very little bidding on drugs.… Please click here or the title below to read more.
This post was published on ZYX Buy Change Alert.
Initiate or add in the zone of $13.50 to $14.52.
Suitable only for aggressive investors More later as it is moving fast. COMMENT $LABD $IBB $XBI $PJP $PPH $XPH $IHE $BMY $MRK
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This post was published on ZYX Buy Change Alert.
Consider reducing MYL position to 30% of the full core position size if holding a larger position.
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