16May10:59 amEST

Bring Me Everyone

Growth stocks are partying hard this morning, as some broad market pressures seem to be slightly alleviated and the relative strength issues mostly in software are celebrating jubilantly, including the likes of COUP MDB TWLO, just to name a few. 

Biotechs are also perky on the back of some strong IOVA data and that stock jumping 34% as I write this. 

We have been methodically adding back long exposure this week Members, dating back to late-last Friday, as bears have missed a few more opportunities to force the issue with various headlines and opening gaps lower alongside some late-day fades. 

Thus, if bulls can avoid the dreaded late-day fade this time around we can seek to open up our game a bit on the long side in the software sector at-large and pick off some stocks which have been either dipping after prior strong rallies, like ZIXI, or names which are turning the corner with strong buy volume spurts after quarters on end of being a laggard, like CBLK. 

It Takes Two Insulin Pumps f... Plenty of Flavors Besides Sa...


This website is intended for educational purposes only. | © 2021 MarketChess.com | All Rights Reserved | Website design by Saco Design | Superpowered by Site Avenger

mobile site | full site