Are you ready for swine-flu play part 2? Well, you’re kind of late. Lol. It’s been back in play for the past couple days with news of it back in the media again. BUT then again, it’s good to be late because many flu stocks have retraced a little for us to get better prices. Woo hoo! So try to swing long if you can, or you can daytrade the intraday rallies. I’ve ran a few quick screens on The PPT to come up with some bio/medical/health stocks that are picking up momentum, and which I expect will be great “trader-stocks.”
Revenge of the pigs. Something like 40% of America can be infected if we’re not careful. Right now I only have one flu play, AVII which trades closely to NVAX story-stock developments. I never meant it to be a flu play, just a medical momo play. AVII had a huge day today giving us a new 52-high.
I ran a screen on The PPT to find some medical stocks in play. I searched for highest PPT scores on daily and weekly then put them into Yahoo Finance to show you their price movements:
PPT Top Hybrid Change DAILY on Medical Industry: CRME, POZN, VRX, GENT, VRUS, PTIE, ISIS, ARQL, ALXN, TELK
PPT Top Hybrid Change WEEKLY on Medical Industry: ALXN, ISPH, ARQL, GERN, AVII, VRUS, NEXM, CBST, MAPP, RDY
Just remember though, these stocks are extremely volatile. If you swing trade them, expect big moves up and down. So I strongly suggest starting small and do some step-up investing. Big winners here if you keep your eyes open and your finger trigger happy. If you’re in the business of story-stocks, then you might want to track the Swine-Flu index. http://www.tickerspy.com/index/Swine-Flu-and-Bird-Flu-Stocks?refer=2130Y1
It looks like this…
So, hopefully this is good enough to get you going on your own research into this story-stock play. I’ll give you one more piece of advice: any serious news about swine-flu or any other flu will hurt the airline industry. You will notice the airline stocks will fall hard for about a week (UAUA, CAL, DAL, ZNH etc). Short the first few days of the week, but flip the trade and buy the dip after time passes. These are panic plays and they tend to trade beyond “equilibrium,” so take advantage of the imbalance. Somewhere in the middle of the trade you will be both long and short airline stocks, while phasing out of biotech plays. If I confused you then I did my job.
Tweet up @zMoose12 if you want your stock pimped out (aka technical analysis).
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The Ham Cancer is back, eh?
Those medical stocks will steal your eyes if you aren’t watching them carefully.
yes. but they’re fun. i prefer an allocation of 70/30 with 70 at swing, 30 at day. using a step-in step-out method is a must.
Nice analysis, but now is not the time to play the speculative biotech sector. Tomorrow is July 30, the market is done. Oil and gold have rolled over, and the rest of the market is about to crack under the pressure of a stronger dollar. I would avoid going long anything at all.
What do you think of VICL?
damn that one is ripping! it’s a bit overbought, but if you’re in take profits now and let the rest ride. this one doubled fast.
Good analysis Gio. If I can get just a day or two run on my SVA swine flu stock I will bail and be happy.
Don’t forget the DVAX cup handle. beautiful formation over the past 8 months. Over 2 cud be huge BO!
BAC in the process of breaking out today.
GIO you still hanging on to the CSIQ shorts ?
Yes. 🙁
My SVA swine flu stock is breaking out as I was hoping for.
Cheers! I knew that was a winner. sorry i’m late guys. missed the whole day for trading. have to finish filing a bunch of Quarter 2 things!!!
I like DVAX, SVA and HEB, here. Small positions in each.
Anyone playing INO? Huge move today on news.
Damn one heck of a move in INO, I wish I was playing it. Still might be worth jumping on it with a short leash.
Opened a position at 2.44 and watching it like a hawk.
300% ?! that’s madness.
Madness?
THIS…IS…IBANKCOIN!!!
(Sorry, just watched it the other day…)
Spartaaaaaaaaaaaaaaaa!!!
this is MADNESS!!!