23Jun1:40 pmEST

The Hipster Rotation

Since rotation is the name of the game for bulls (see biotech this week as evidence), as long as that continues then we must consider some trendy "hipster" plays like ETSY and FIZZ, seen respectively below on their daily timeframes. 

As you can see, and as one of our Members astutely noted about ETSY, both charts are sporting impressive technicals and should be stalked for further gains. FIZZ is rather heavily-shorted and could easily squeeze. 

Overall, the market seems to be drifting up as we head into the home stretch for both the month of June and the second quarter of trading. 

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