Oil is absolutely bananas to the upside. It was a tough day for momentumFAGS, with dozens of former hot stocks getting cleaved. You won’t see that damage in the reporting of the markets tonight — a seemingly hidden sidenote that very few care about.
Truth is, large cap stocks have gravely underperformed markets this year, playing second fiddle to small caps. With small caps getting hit, leadership is in jeopardy. So, with that in mind, I bought myself a gambling fool’s biotech stocks into the summer heat.
I went long AERI.
Top picks: BILI, AERI, CURO and maybe DDD.
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