https://rightsideofthechart.com/xbi-ibb-biotech-sector-analysis/ Stock Trading, Investing & Market Analysis Mon, 22 Jan 2018 03:07:05 +0000 hourly 1 https://wordpress.org/?v=7.0.2 https://rightsideofthechart.com/xbi-ibb-biotech-sector-analysis/#comment-3568 Tue, 20 Jun 2017 14:14:54 +0000 http://rightsideofthechart.com/?p=182631#comment-3568 Just to confirm the latest stats that 60% of all trading is done by robots and algos, XBI is rocketing forwards while S&P is down. Just a year ago, these 2 were usually correlated, XBI being seen as a risk on trade, going up with the indices and down with them.
No longer. Algos are piling into the breakout, which seems to be valid, divergences be damned.

]]> https://rightsideofthechart.com/xbi-ibb-biotech-sector-analysis/#comment-3567 Tue, 20 Jun 2017 02:12:53 +0000 http://rightsideofthechart.com/?p=182631#comment-3567 Thank you for the follow up.

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