01Aug12:49 pmEST
Operation Zika is No Game
Zika Virus is starting to hit home now even more, as the Drudgereport, for example, features the recent Florida news of ten new Zika cases in Miami.
QGEN is the main diagnostics play for Zika, as the chart recently staged a surging breakout from a base bottom. Let's watch this one back over $27.
INO and XON are two biotechs with exposure to treating Zika, both with earnings next Monday August 8th. All three names, QGEN INO XON, are hot today, in an otherwise fairly sluggish tape as crude oil is still a lingering issue for bulls.
And, of course, there are always the HazMat suit plays, APT LAKE, if things spiral out of control.
So let's hope for the best but prepare for the worst.
I will run Members through some short-term levels for INO XON in my usual Midday Video, coming up.
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