Stockwatch: Will Earnings Season Rescue The Sector?
This article was originally published in Scrip
Executive Summary
At the end of last week, snowfalls and blizzards engulfing the East Coast brought not just an early end to the working week and the first positive weekly stock market close of the year, but a weather system that postponed my trip to New York City and Philadelphia. It will probably take more than the optimism engendered by an early start to last weekend to reverse the dismal year-to-date performance of life science stocks. That would take a positive earnings season.