Diamonds and Dogs
A good day for biotechs. Eli Lilly (LLY) is up 10% after Biogen's new Alzheimer's disease treatment spurred broad gains in the sector. Eli Lilly is at a record high as they may be able to revisit its decision on the filing of their Alzheimer's drug that has shown strong effects on brain amyloid levels.
Tesla (TSLA) is down 2% after making the decision to drop a longer-range version of its high-performance Model S sedan. Elon Musk was also bashed at the Bitcoin conference over the weekend while Jeff Bezos looks to make it to space before Elon Musk this summer through one of his Blue Origin vehicles.
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