Buzz_august_mixdown.output.mp3
The Stacking Benjamins Show
Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP
4.4 • 2K Ratings
🗓️ 16 August 2017
⏱️ 9 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to an excerpt of The Stackin'Bedgment Show. I'm Joe Sal C-high. |
| 0:08.3 | Jamie Wise from The Buzz Index, ticker symbol B-U-Z, stopped by The Stack & Benjamin |
| 0:13.1 | Show for his monthly appearance talking about all the buzz going on in social and let's see |
| 0:18.3 | what's up here at the beginning of August. And in our second headline, we go back and take a look at the buzz going on in social and let's see what's up here at the beginning of August. And in our second |
| 0:21.2 | headline, we go back and take a look at the buzz around social media landscape. And you know what that means? Jamie Wise from the Buzz Index joins us. Welcome back, man. Hey, it's great to be here, Joe. How are you today? Well, I'm fantastic, especially since I was just reading, there's been a lot a chatter about biotech lately, huh? |
| 0:39.0 | A lot of chatter about everything lately. |
| 0:40.8 | I don just reading. There's been a lot of chatter about biotech lately, huh? |
| 0:38.9 | A lot of chatter about everything lately. |
| 0:41.0 | I don't know if we forgot to tell the investment world that it's summer. |
| 0:44.4 | And usually these are the dog days of summer. |
| 0:46.3 | But it's been really busy in online communities over the summer. |
| 0:49.9 | A lot of conversation and a lot of conversation in the biotech space specifically. |
| 0:54.6 | And we really noticed it this past month in buzz where we had a significant increase in the |
| 0:59.8 | allocation to the biotech sector going up to 21% from 15% the month before. |
| 1:05.3 | It's such an exciting area. |
| 1:07.4 | And I know that you guys have had a fairly static amount of biotech. So maybe, maybe that means now's |
| 1:13.8 | the time. Yeah, you know what? For a year or so now, biotech companies really haven't been doing all |
| 1:20.3 | that much. We had a dip down before the election. But since then, they sort of quickly retraced once |
| 1:25.8 | Trump got in and they've been, you know, if we look at the IBB as a proxy, the IBB ETF is a proxy for where biotech companies are |
| 1:32.3 | trading. |
| 1:32.9 | Really from November, straight through to June, or about the middle of June, they kind of were |
| 1:38.8 | range-bound sitting around, you know, the $300 mark on the index of the ETF. |
... |
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