The S&P 500 finished slightly higher on the week, and managed to close above the 20 period moving average. Next week will be a pivotal week for the bulls as I’m sure the lows for the week will be tested at some point. 2120 is still the area to watch:
Medical Equipment, 3D printers, & Trucking saw some of the biggest jumps week over week:
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Looking inside Exodus, the following tickers saw the greatest jump in hybrid score this week:
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I’ll be back this weekend with the top 50 ranked stocks inside Exodus. Enjoy the weekend all.
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Thoughts on Biotech?
I know OA like them.
I think they’re fundamentally & technically overbought – lots of rotation into the sector to hide money away from interest rate sensitive stocks…. Doubt it’ll end well.
Weekly close of XBI above 65 would negate my bearish thesis.
Love biotech. LABU looks good to go on strength.
I love PTX anywhere under 60 cents
Great mention on CLCD earlier this week. Thanks RC!
+1