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John Carter Analysis: New Setups and Review XLV, FB, TWTR, PG, CHRW & VMW

In today's video, we're honing in on some specific sectors and stocks.

In today's video, we're honing in on some specific sectors and stocks. Starting with biotech, the XLV index has been extremely strong as money pours into health care. When the market pulled back, the index came into support and since then has just been cracking new highs every day. CELG, JNJ are examples that have fed off this move. REGN and GILD look great, with BIIB an intriguing name that has made higher lows and is setting up for a monthly squeeze. Facebook released earnings and is set to gap down, but this to me is a clear buy as the story remains in place and the trend is strong. I am looking to play FB by selling put spreads in the morning. Our Coke play is struggling (KO). While the sector, XLP, is doing well, KO is facing fundamental issues as sales recede in the US. International growth is still strong, and with the monthly squeeze on the charts, we're watching this one. We closed out CHRW and VMW which worked out well. WYNN has traded in a big range in aftermarket/pre-market trading, and offers some interesting trading opportunities. As far as the indexes, I'm still watching the XLE, which if it can catch a bid, will be very bullish for the rest of the market.

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