16Aug1:09 pmEST

Zika Virus: Go with Plan Z

Unfortunately, Zika has yet to go the way of Zima. 

With new cases reported in Texas (as a result of travel from Miami, where we knew of cases) as well as Staten Islanders, Zika is spreading. While Zika is still far from a widespread epidemic, things may become a bit worse before they get better. 

My favored play is Qiagen here, the Dutch firm which has diagnostics to test for Zika around the globe. 

APT does the Hazmat suits, though that stock is likely rallying for other reasons, too, in the suddenly-hot building materials industry. 

But back to QGEN, the updated daily chart, below, shows the play pushing higher yet and in much better technical shape than biotechs INO XON. 

I am looking to see if $27 now converts into support before adding into the position. 

Overall, the market is putting in a slow summer session today. I will delve into detail for Members in my usual Midday Video. coming up. 

Leading from the Front A Good Day to Tighten Things...

 
BackToTop
 

This website is intended for educational purposes only. | © 2024 MarketChess.com | All Rights Reserved | Website design by Saco Design | Superpowered by Site Avenger

mobile site | full site