iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Where The Strength Lies

Healthcare and Basic Materials are seeing the biggest jump post the Brexit sell-off. Here are the top industries on the day, led by the biotechnology and oil & gas:

Screen Shot 2016-06-28 at 10.45.48 AM__

Today’s runner screen is loaded, with just about everything sold short now squeezing. Today’s screen produced over 200+ tickers, and can be found HERE for those interested.

I find myself having a hard time getting long stocks after the futures market had to halt trading just a few short days ago. My top pick for the remainder of the year continues to be a pair trade: long $TWTR, short the market.

What are you trading here?

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One comment

  1. Cascadia

    I agree with what you’re saying, figured one would be able to jump on TWTR at ~$14 level on this pullback, but it hasn’t materialized. Now wondering if it will hit $14 again.
    Waiting patiently…

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