Investors Should Take a Look at the Beaten Down Biotech ETFs

Biotechnology sector-related exchange traded funds are on a four-day streak and gaining momentum, breaking above their short-term trend lines. On Friday, SPDR S&P Biotech ETF (NYSEArca: XBI) rose 2.9% while the iShares Nasdaq Biotechnology ETF (IBB), the largest biotech-related ETF by assets,...