Everyone continues to expect a pullback and yesterday looked like it would be the day that starts the correction but we ended up green again. This has been on the of the strongest JPM weeks I remember (at least from a price action perspective). Yesterday is another brick in the wall of the idea that […]
November 13 Biotech Update
We are getting what I suspect is a dead cat bounce after the trouncing yesterday. The recent lows need to hold but there really seems to be nothing in terms of sentiment to indicate that those lows will hold. We seem back in the scenario where early green opens fade during the day and turn […]
November 12 Biotech Update
A rough start to the week. The market just feels heavy and looks like it wants to break through the recent lows. It looked for a little like it wanted break from the downtrend and form a new channel higher but the week is not starting off like that is in the cards. Another leg […]
