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But how about another category . A whole new one. Its causing stocks to jump today. The category that i want to call not as bad as we thought. The not as bad as we thought thesis helped get the averages from getting hit too hard today. The dow dipping just 30 points. S p declining 0. 3 . Nasdaq losing 0. 65 let me give you some prime examples. Number one notasbadaswe thoughter. Why, its bristolmyers. Not that long ago, bristolmyers was at the top of the heap, the gold standard, the goto name in the pharmaceutical business because it had the best growth of all the oldline pharma companies. Some called it a biotech stock in disguise because of its massive rerating from a boring Old Drug Company to a company with the winningest anticancer franchise out there thanks to the breakthrough drug opdivo. You may have seen the ads for this drug, the ones that encourage you to ask your doctor thats right, direct to us. But a few months ago, we learned opdivo wasnt all that wondrous. In fact, it fa

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