Daily Archives: March 3, 2024
Showing articles 1 - 2 (2 total)
06Jul3:10 pmEST
Let Me See Your Trade War Face
It is shaping up to be a rather amusing tidbit, regarding this week's price action in equities, that one of the few victories bears can claim is that failure of Tesla Motors to not only cement a runaway short squeeze higher after a promising rally in June, but TSLA then lost its 200-day simple moving average amid high volume selling as its...
06Jul10:58 amEST
Rays of Light for Biotech Bulls
It is tough to argue with the notion that many large cap biotechnology issues, housed in the IBB ETF, have been a drag on the sector as a whole for a good while now. While it is true that the smaller and mid-cap biotech issues in the XBI ETF have stumbled at various times, especially during the ASCO conference in early-June, the reality is that...