14Aug3:20 pmEST
Final Hour Late Summer Update
Given the whipsaws of the current market, I decided to lock in wins in a biotech and FDX shorts into the weekend. If need be, I will revisit those plays next week.
But, for now, the back-and-forth nature still reigns supreme over any kind of range break, just yet. And beaten-down novelties like LL and TWTR are capturing the attention of bored momentum traders looking for any type of action.
Also, as an update to this morning's blog post, the gold miners are still coming in here and have flashed neither a fresh long nor short trade. Back over $15 on the GDX, though, would entice me for a new long.
The Biotechnology Sector is ... Stock Market Recap 08/14/15 ...