Just Take A Look
For more than a month now, following weeks of choppiness and sell offs, I’ve been pointing out some nice set ups in various sectors. We are now seeing decent trades and some follow through, so today I want to point out an area that I think we all should take a look at…
JULY 16 WEEKEND REPORT
SPX – When we gapped up over that trend line ( Again, see April) and held above the 50sma, it was obvious that the bull market remains in tact. The SPX also experienced follow through last week. I’m not saying that we will drop soon, but that last Gap in April was filled […]
Friday July 14
We traded LABU ( XBI, IBB) in June and made some quick gains. I believe that it may be time to go biotech again. XBI – After a solid run higher from a bullish W pattern consolidation, the XBI & IBB has formed a bull flag. Both broke higher with increasing volume yesterday. This […]
