E Correcting Barron's And Loving Lazard

After the football championship yesterday there was nothing for Wall Street to do except rise to new heights today. As the dollar is down again over fears of inflation, the boost was greatest to foreign companies and the largest gains went to stocks already up a lot. So the top performer today was one of our already wild biotechs. Once again the newsfeed from my brokerage account is overwhelmed. There is a lot of news.

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Pharma

*The 2nd top riser was oncology firm BioLine RX Ltd, BLRX of Israel, incorporated in the UK Channel Islands, went up 13.758% to $3.965 after opening at $4.04. I bought it because its electric cancer therapy may work against pancreatic cancer, for which there is no known treatment. I bought at $2.575 but was unable to persuade my UK-based cousin with pancreatic cancer to join the trial. She is a fatalist as she could afford the electric chopper easily, but I am not close enough to her to talk her into it.

*Enlivex, ENLV, hit a new high of $22.65 up 19.2% on positve data on its Allocetra for treating COVID-19 in a tiny group of severe and critically ill patients.

*Fellow Israeli small-cap Compugen is up over 7%. CGEN will report this Thursday on its Q4 and FY.

*TEVA is up 3.25% and now steady over $12.

*Zymeworks is up 1.5%. ZYME. a Canada outfit was tipped by Martin Ferera.

*Novocure NVCR is up 4% to $182.85 after hitting a year's high at $189.67. It was upgraded to hold from sell by Zacks after Kestra Advisory Services revealed it had upped its share holding by 8360% in Q4.

*New COVID-19 mutations boosted the shares of testing systems maker Thermo Fisher Scientific, TMO, by 2% at the opening, but it fell back and is only up 0.8% now. It is my largest US holding. The bad news is that corona-virus variants which are coming from South Africa are rising despite the Oxford-Astra-Zeneca jab, which is no longer being used there. The UK variant is now taking over the USA. AZN is up 0.5% despite this because of its Oxford connections. It reports Thursday also.

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