Biotech Slide Sends Nasdaq, Small Caps Reeling

By Tyler Durden of Zero Hedge
Tuesday, July 28, 2015 10:56 AM EDT

It all looked so awesome in the pre-open... thanks to the overnight PPT. But as soon as US equity markets opened, the selling began as Biotechs were hammered lower sending Small Caps plunging and Nasdaq into the red...

Biotechs battered off the open...

 

which sparked index selling...

 

Perfect opportunity to BTFD we are sure...

Charts: Bloomberg

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