Biotech stocks have held up well during the recent downdraft. Price of the biotech holders (BBH) moved back into the consolidation price range after a move up at the 50% time cycle. Continue reading
Biotech Holding Up in Bear Market
October 15th, 2008 No Comments
Tags: Biotech
Weekend Outlook - 26Jul08
July 27th, 2008 2 Comments
Weekly recap of the stock markets with end of week summary analysis. Continue reading
Tags: Biotech · CHK · Dow Jones Industrial Average · Gann Angle Fan · Market Outlook · Nasdaq Charts · NYSE · OEX · Russell 2000 Smallcaps · Square Out · Transports · Volume
Biotech and Transports Continue to Work
July 25th, 2008 No Comments
The Biotech Holders (BBH) continues to show strength. Because the BBH took off around the 50% time cycle and the time frame is very long it may not retest this level for several years. Continue reading
Tags: Biotech · Square of Range · Transports
Weekend Outlook - 19Jul08
July 19th, 2008 No Comments
Looking back to the 1987 crash as a low the SPX is in pretty good shape. Price followed the 1:2 line until 1997. Had price corrected here and then resumed the trend the SPX would be exact in the same place as it currently is. Continue reading
Tags: Biotech · Elliott Wave Analysis · Gann Angle Fan · GOOG · Growth Stocks · Market Outlook · MSFT · Nasdaq Charts · Sentiment · Standard and Poor's 500 (S&P500) · Value Line Arithmetic Index (VLE) · Volume
Weekend Outlook - 13Jul08
July 13th, 2008 5 Comments
Price continues to make new lows on volume. I have noticed a few divergences to go along with the II and AAII surveys as positives. Continue reading
Tags: AAPL · Biotech · Gann Angle Fan · Market Cycles · Market Outlook · McClellan Index · Nasdaq Charts · QQQQ · Russell 2000 Smallcaps · Standard and Poor's 500 (S&P500) · Volume
Biotech Holders Look Ready To Run
July 10th, 2008 1 Comment
The Biotech Holders ETF (BBH) has worked off the 2002-2005 run in excellent form. Price never moved back to the 50% retrace level over the past two and one-half years. Continue reading
Tags: Biotech · Gann Angle Fan · Square of Range