Technical analysis of the biotech sector etf, XBI, as well as several leading biotech stocks. Note, I don't have a strong opinion on the near-term direction of the biotech sector & as such, you might want to skip this one. I recorded this video in response to a request for [...]
Technical analysis of the US stock market & several sectors that stand out at this time. Covered in the following order are: QQQ, SPY, XES, XBI, IBB, AMGN, GILD, CELG, REGN, ACBFF, WEAT (wheat ETN & NIB (cocoa ETN):
Technical analysis on the US stock market along with several sectors that stand out at this time including the Euro & US DollarGLD (gold ETF) & GDX (gold miner ETF), XBI (biotech ETF) & XES (oil & gas equipment & services ETF).
Technical analysis on QQQ as well as the market leading FAAMG stocks followed by the outlook for the biotech sector via XBI and a few of the largest biotech stocks (most of which are components of QQQ). The following ETFs & stocks are covered in this order: QQQ, AAPL, GOOGL, [...]
A detailed look at the chart of the biotech sector ETFs: XBI, IBB & PBE as well as some of the leading stocks in the biotech sector. As this video went a bit longer than I anticipated, I decided to post the daily charts of some of the top individual [...]
This video is a follow-up to the Biotech Wreck Pending video published on July 30th. The video starts with coverage of the biotech sector ETFs; XBI, IBB, & PBE, followed by a quick look at a few of the largest components of the biotech sector. Although key support levels & [...]
These are the charts of some of the largest components in the biotech sector. My reasoning for closing about 60% of my biotech shorts shortly before the close yesterday & closing the remainder shortly after the open today, as well as reversing to a long position, was the fact that [...]
This video covers the biotech sector starting with an overview of PBE (PowerShares Dynamic Biotech Portfolio ETF) and IBB (iShares Nasdaq Biotechnology Index Fund ETF), both of which are very close to triggering major sell signals. In the coming months, my expectation is for a drop of at least 20% [...]
The following short trades will be moved to the Completed Trades category. Some of these trades were profitable, hitting a price target before bouncing while others were stopped out for a loss. In in effort to streamline the number of Active Trades on the site, I plan to continue removing [...]
REGN is one of several active short trades offering an objective entry or add-on while backtesting the recently broken uptrend line.