Still a boring market in terms of news. The sector appears to have successfully defended the bottom end of its range but one could argue it done so simply by.
The sector struggled yesterday and it still looks like testing the bottom on the range is possible. Perhaps the China tariffs news cleared the market a little and we might.
We are finally getting a broad snap back rally but it needs to be more than a simple morning rally that is faded as the day goes along. If this.
The sector is certainly struggling and its inability to generate any consistent buying interest after the sell-off is certainly worrisome. All of that being said there are so many names.
While we have another snoozer of a day in biotech land, it does provide some insight into the trading bias of the sector and it remains negative. You would think.
The hurricane thankfully missed us, so back in the office. The sector had a rough day yesterday but it only took us to the area that should act as new.
Another slow start to the week. Sometimes there are expectations for deals after long weekends but the sector continues to disappoint in terms of M&A. Given how important M&A was.
The range finally seems broken and pretty decisively to the upside. The sector is not just moving higher but it is outperforming the broader market on a relative basis. Given.
A good start to the week both in having news to talk about and the price action. While it is easy to get excited about good price action, we remain.
Still not a ton of news and the sector moved higher with the market taking it a little further from the edge but still well within its range. I am.
Up, down, up, down, and repeat. Yesterday was green so today is most likely to be red. While it is difficult to discern a trend in such a low volume,.
A pretty weak open for the sector but again this is nothing more than low volume chop as I see it. Unless it breaks below 113 on the IBB and.
While yesterday ended up being quite positive for the sector (in general), I am still not going to read too much into it and would not be surprised to see.
We are not quite getting the clarity to the upside but there is nothing to indicate that the sector is about to break to the downside. It seems like the.
I will quickly finish up the week as there are a couple of interesting tidbits and the broader trading is more or less the same. There are some areas of.
The sector recovered a little yesterday from last week’s sell-off but ideally we would need to see the sector break into new highs. It seems highly likely that the sector.
Not a ton of news to end the week as the sector continues to drift around. This is not completely surprising given the earnings coming next week. I will be.
The lack of news continues as well as a generally weak market. While it certainly was not strong yesterday (and to start today), it feels more like indifference than a.