February 5, 2018 6:22pm

Sector intelligence and perspective

 

In response to the morning post, “the jukebox blows a fuse, my heart's beatin' rhythm and my soul keeps on singin' the blues. Roll over Beethoven and tell Tchaikovsky the news.”

The sector tests the lows as the downturn has not found its bottom and is re-testing

 

Monday, the sector opened down, stayed down and closed to the downside

While the IBB (-4.42%), the NASDAQ (-273.42 points or -3.78%), XBI (-3.86%), XLV (-4.43%), IWM (-3.84%) were down as the VIX jumped +115.60%

 

As I has stated, “Don’t rush back-in on depressed share values; see how Monday starts the week!”

 

Monday’s results as Gene therapy companies continued to dive along with my working trend lines … and a callout to AST, it’s better to be flat in this market than a splat like the majority of “our” universe while Capricor (CAPR -$0.03) had news and wet it’s pants before an incoming financing ... you should be reading more ...


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