Unless you are employed by a small start up biotech company that has impeccable credentials, and an employee stock option plan, I'd do some portfolio diversification. I am sure there is another Amgen or Genentech out there right now waiting to become as successful as these two were. But finding them is the problem. This is one instance where I don't think the biotech Exchange Traded Fund (ETF) route is necessarily the answer to biotech investing. Those portfolios are well diversified but need a real "home run" company to cause a share price run-up. The volatility you've seen recently is normal for these stocks from my experience. Political interjections aren't helping the stock prices either.
As far as sector diversification is concerned, do an internet search on stock (ETF) symbol FV. FV is an ETF managed by Dorsey Wright and Associates that stays in the seven strongest sectors of the market place as determined by the DW technical analysis work. FV may be an answer to your sector diversification investigation.
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