Stock Market, US

Stock Market, US

ABBV Replacing GILD

You could say GILD replaced ABBV after I took its profit and now ABBV is back after I took GILD's profit. It may sound slick, but it is really just…

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July 28, 2017
Stock Market, US

Healthcare Charts Updated

A look at the general Healthcare ETF (XLV), which includes BioPharma, Devices/Equipment and Services shows it easing below the trend line. IHI is at lateral support and the SMA 50…

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July 28, 2017
Read more about the article US Sectors vs. SPY & Some Yield Discussion
Stock Market, US

US Sectors vs. SPY & Some Yield Discussion

A couple of charts from the weekly Market Internals segment of NFTRH, bearing in mind that interest rates are going to have a say about sector relative strength going forward…

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July 28, 2017
Stock Market, US

CRY Me No Tears

Since this is a spot on the internet that is not trying to harvest your eyeballs (no ads, man), misrepresent itself as a guru service or otherwise present uneven views…

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July 27, 2017
Stock Market, US

GILD Bye

It's been a great run off the June bottom and now all Biotech profits are booked. I'll hold general Healthcare for now, with all individual stocks in the books (except…

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July 27, 2017
Stock Market, US

Ding… ABBV to Target #1

Back in April of this year we did an NFTRH+ on BioPharma ABBV and its amazingly similar setup to 2016's NFTRH+ pick, LRCX. The original target was noted as 84,…

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July 21, 2017
Read more about the article Well How About Those Healthcare Flags?
Stock Market, US

Well How About Those Healthcare Flags?

There was the high, tight one on Biotech iShares, IBB and then others noted on the Medical Device iShares, IHI and the general sector SPDR, XLV. Well, there ya go.…

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July 20, 2017
Read more about the article ‘vs. SPY’; Bullish Signs From the Consumer
Stock Market, US

‘vs. SPY’; Bullish Signs From the Consumer

The Consumer Staples SPDR is breaking down vs. SPY on the weekly line chart. The break below the channel line would magically disappear if the ratio recovers in month for…

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July 13, 2017
Stock Market, US

Vampire Squid Still Constructive

There are some stocks that I can never seem to get a handle on and there are others that I can never seem to screw up on. Goldman Sachs is…

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July 13, 2017
Read more about the article Healthcare Flags Trying to Break Out
Stock Market, US

Healthcare Flags Trying to Break Out

We noted the high, tight one on IBB yesterday and today it and its bros in the Healthcare sector appear to want to break these bull flags. In line with…

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July 12, 2017
Stock Market, US

High, Tight Flag on the Biotech ETF

The Biotech iShares IBB shot up on some beneficial talk out of the Trump administration and, in my opinion, on beneficial Treasury yield dynamics. So it is no coincidence that…

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July 11, 2017
Read more about the article Biotech vs. Broad Tech
Stock Market, US

Biotech vs. Broad Tech

We have used this chart in NFTRH to gauge the state of the ongoing secular bull market in Biotech vs. other Tech. The series of higher highs and higher lows…

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July 5, 2017