Midday Missive

It’s all biotech… IBB,BIIB,EXAS,ZIOP, BCRX, PCYC,AGIO,PTCT .
Some of the names are trying to bottom like AGIO, others
like ZIOP have put in higher lows for the past 6 trading days and are just going.
CELG...gains upside momentum over 121 close.
Those of you who wish to be long Europe into the ECB meeting tomorrow should look at the HEDJ 65 or 66 calls expiring Friday 3/6/15.
This gives you upside with a defined downside.
OIL…weakens under 49.45.

DXJ…is holding. Today’s low is trad able.

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