Daily Market Intelligence 10-19-17
Daily Market Intelligence 2-2-17
BUY XLV @ the Market! This is an opening position with a 10% portfolio weighting. The risk on this trade is a close below 72.50. The break is over. IBB held our qtrly level @ 335. I’m choosing the XLV … Continue reading
Nasd 100 Futures need to show weakness below 4430 to think Biotech is going to give it up before qtr. end. IBB & BIB, MDVN,CELG can be bought with tight stops below today’s low. GOOGL…after pushing the trade because I … Continue reading
Stocks… Spu’s…2044 is the weekly hold # and the closing downside pivot for more weakness. Nasd 100…4333…4285…4265; these are the support levels coming down. They will not change. BIB & IBB…Closed neutral ” right on their momentum #’s. XLV…70.80 is … Continue reading