|Day Low/High||4.31 / 4.56|
|52 Wk Low/High||1.65 / 5.83|
After recent weakness in the biotech sector, here are some names to start watching.
Stocks might have been expected to sell off ahead of a three-day weekend and amid trade tensions between the U.S. and its largest trading partners, but they didn't.
There are several key points to keep in mind as you digest this news.
Apple in particular is helping the bullish cause.
HTG Molecular Diagnostics and Amyris are poised for substantial growth.
The biggest negative I see in the market right now is how poorly certain groups are acting.
Investors in HTG Molecular Diagnostics Inc saw new options become available this week, for the December 21st expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 238 days until expiration the newly available contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.
Whether this market continues to bounce is going to depend a great degree on the FAANG names.
Watch for these upstart names to topple some big-caps going forward.
While support held on a tough day, those levels look precarious.
The longer the stock market goes without a better bounce, the bigger the risk.
We are in a middle ground right now without enough strong movement in either direction.
Look for this bounce to slow down quickly and some weakness this afternoon.
Here's what you need to know for Friday, March 2.
I think we'll probably see some shifting in the tariff policy over the weekend, giving the market some relief.
I'm focused on managing positions and am doing very little new buying at this point.
It is very easy to force trades in this sort of environment.
The good news is that there is some stock picking that is working well.
Here's what you need to know now for Wednesday, Feb. 14.
It's hard to believe the bounce will continue to run in V-shaped fashion.
It is a very different market environment now which can be very rewarding depending on your style.
If we have a little consolidating action here the buyers will start pushing again.
The big question right now is to what degree should you be looking to take positions in individual stocks you may like.
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