iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,433 Blog Posts

Here are the Top Rated Stocks in Exodus

We’re going through a rough patch in the market. I think it’s because of the turmoil surrounding the Trump presidency. Had he held his ground on Flynn, we might not be dealing with Sessions now.

Nevertheless, the battles continue and the country is like an idle powerder keg sitting in the middle of an inferno.

Here are the top rated stocks in Exodus now, sorted by technicals. Notice how there are a lot of biotech and pipeline play there? That sounds indicative of two things.

1. Flight to imaginary land where fanciful clinical data stories and dreams of blockbuster cloud the judgement of traders. Total and complete cognitive dissonance.

2. Flight to safety and income.

I imagine both sectors could continue to do well, but I’d be very careful with drug stocks ahead of Trumpcare proposals, which are bound to hit margins.

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