Broker/Dealer Still Vulnerable
The major drugs
(
$DRG.X |
Quote |
Chart |
News |
PowerRating) continue to outperform the overall market. Continue to look for buying opportunities in calls
and call spreads here.
Although
broker/dealer
(
$XBD.X |
Quote |
Chart |
News |
PowerRating) was up on Wednesday, it looks like nothing more
than a pullback from lows before continuing its rollover. Therefore, continue to
look for buying opportunities in puts and put spreads here.
Looking
Ahead/Random Thoughts
Insurance
(
$IUX.X |
Quote |
Chart |
News |
PowerRating) if forming a high
level saucer and may set up over the next few days.
Best of
luck with your trading on Thursday!
P.S. Reminder:
Protective stops on every trade!