The NYSE released their June margin debt update yesterday and it was a doozy. Margin debt jumped nearly 6% to just 0.3% shy of the…
Tagged $XBI
Sector Spotlight: iShares Nasdaq Biotech $IBB-Preliminary Support @ 244-245
We’ve discussed biotechs a lot lately both here and in our newsletters. They remain a big focus for us as a possible canary, considering their…
StOTD-6/11/14: Biotechs & Semis are YTD Leaders @ +15%; 3 Months Ago Semis Trailed Bio by 15%
Two of the YTD performance leaders are the Biotechs ($BTK) and Semiconductors ($SOX), both up roughly 15%. However, the paths to that 15% return could…
UPDATE: Biotech Index, ETF’s reach 61.8% Fibonacci Retracement of Feb-Apr Decline
On April 9, we pointed out a key Fibonacci Retracement cluster of support on the S&P SPDR Biotech ETF, $XBI (also generally corresponding with similar…
Biotech Knife-Catchers May Soon Get Their Chance ($XBI)
The SPDR Biotech ETF ($XBI) is nearing a major cluster of Fibonacci Retracement support around the 127 level. This may be the level from which…
ChOTD-3/25/14 Of all the Biotech hoopla, to us this is the most amazing statistic
Originally posted on 3/25/14: http://stks.co/d0McS
ChOTD-1/13/14 Spectacular reaction in Biotech since our December 11 post
Originally posted on 1/13/14: stks.co/qr0J.