This market got a shot of testosterone this afternoon, breaking above a few resistance points. I am guilty of trying to play the downside as I thought we might see a pullback after this epic run.
As of yesterday my portfolio turned into a damn drug ETF, full of high beta healthcare names. In the space we finally got our breakout in [[CTIC]] , but I’m curious to see if we can get above 1.85. Also, keep an eye on [[INO]] , this one could run on strength.
If you find yourself looking for some long exposure, look for stocks that have pulled back to their 50 day moving average, such as 4g play Clearwire Corporation [[CLWR]]
FRE moving: http://chart.ly/4tntff
went the wrong way, it seems.