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Category Archives: IBB


Big Green Day! SPX, Nasdaq, SMH, TXN, ADI, ALTR, XLNX, IBB, TEVA, PRGO, CELG, BMRN, GILD, AMGN, IMCL

Yesterday, in my evening post, I said, “We need to see VIX back below $20 to feel more comfortable. The market major indices do still show bullish formations with their MAs. So, I’ll wait patiently with lots of cash on the sideline.” The market opened with a positive tone today, and, VIX quickly went […]

Biotechs Coming Alive: SPX, Nasdaq, MLNM, AMGN, OSIP, IMCL, PDLI, DNA, XBI, IBB, MTL

The market was stronger today, boosted by a rally in the biotech sector. The agricultural stocks also continued to show strength. In addition, steel stocks displayed solid performances.
The Dow was up +54.72 points; SPX added +6.06 points; and Nasdaq gained +29.58 points.
Here’s how the market looked at the […]

Bye-Bye 1st Quarter! SPX, Nasdaq, FO, VRTX, APA, IBB

Finally, this crazy 1st quarter came to an end! The market was still very volatile today. Certain fast movers had pretty bigger swings. But, overall, the market managed to keep a positive tone. The financial sector recorded modest gains and was good for the market.
The Dow closed up +46.49 points; SPX […]

Market Forecast for Week of 2/4: SPX, Nasdaq, XLF, BTK, IBB, GLD, XME

It’s SuperBowl Sunday!!

Hope you’re having some exciting and crazy fun!!
The market finished strongly last week, ending Friday with the Dow up +92.83 points, SPX adding +16.87 points, and Nasdaq gaining +23.50 points.
SPX

SPX closed at 1395.42. It closed above the 1375 level, its 10-day MA, and its 20-day MA. The 10-day MA and the […]