Like most assets, biotech stocks were hammered in the 2008-2009 credit crisis. But as you can see from today's chart, biotech is enjoying a big trend. You can track the biotech sector with the Nasdaq Biotechnology Index. It's sort of the "Dow Industrials of biotechnology." This index bottomed at around 650 in 2009. Since then, it has strung together a series of "higher highs and higher lows" to advance 200%. This month, it reached a new multiyear high. This uptrend isn't making big news yet... but it will.