Good Insurance
Insurance
(
$IUX.X |
Quote |
Chart |
News |
PowerRating) is in its first
pullback since its melt-up from lows. Look for buying opportunities in calls and
call spreads here.
Drugs
(
$DRG.X |
Quote |
Chart |
News |
PowerRating) and healthcare
(
$HCX.X |
Quote |
Chart |
News |
PowerRating)
are a pattern somewhat similar to insurance. Look for buying opportunities in
calls and call spreads here.
The semis
(
$SOX.X |
Quote |
Chart |
News |
PowerRating)
appear to be stalling out in its rally from lows. Look for buying
opportunities in puts and put spreads here.
Best of
luck with your trading on Wednesday!
P.S. Reminder:
Protective stops on every trade!