Taking Profit on NFTRH+ Trade, ABBV
Less than 3 bucks from target #1 (75), I am taking the profit here. ABBV is very overbought as it led the momentum that recently whipped up in the sector…
Less than 3 bucks from target #1 (75), I am taking the profit here. ABBV is very overbought as it led the momentum that recently whipped up in the sector…
As to the post's title, I have no idea. What I do know is that a nice profit is in the books on a suddenly overbought GILD off of Tuesday's…
The Healthcare SPDR, XLV is going up, joining the early moving IHI (like Semi in early 2016, I've felt like a lone voice extolling Medical Devices since the middle of…
Yesterday we got the surge and then the ease into the close. Today? Err... The weekly now targets 350, barring a harsh reversal over the next 2 days. GILD was…
An update of various sectors '.vs SPY' by daily and weekly views... On the daily view Financials hold the break above the moving averages, Energy is in Palookaville, Healthcare continues…
It's been a long time coming for the Biotech sector that has for me included some stops and starts in AMGN, GILD and IBB itself. Some profits, some losses. But…
Another weekly chart from the Market Internals segment of NFTRH. This time updating what's doing what on a relative basis to SPY with regard to US sectors. On a 'vs.…
You have heard of the FANGs? We have used a weekly chart of FB, AMZN, NFLX & GOOGL every week in NFTRH since the market started going bullish last year…
Backing out all of the information we think we know like persistently over bullish sentiment, over valuation by many metrics, including the Citi Economic Surprise index and Yardeni's home cooked…
Unlike Semi and Tech, certain items that have been relatively weak are now strengthening. Financials, Materials and Healthcare (ex-medical devices, which had been booming). It seems obvious that the big…
Contrary to how it may look, I do not sit here and look at a computer all day. Therefore I am not always up on all the ins and outs…
This was once something of a value stock but today it is a well valued, multi-dimentional company with a crappy operating system, a game console that I guess people get…
I have been increasingly bearish on long-term Treasury bonds due to developing sentiment and Commitments of Traders issues implying a contrary bear play and also due to the fact that…
After all, it was over a year ago that NFTRH was getting bullish the sector against the admonitions of a former subscriber who had a bearish Fred Hickey (a tech "expert"),…