February 6, 2018 7:34am

Sector intelligence and perspective

 

Traders try to pull out the sticks without letting any other sticks tumble down while algorithms topple the pile in one felt pull

 

Out and about: The iShares Nasdaq Biotechnology (IBB) is indicating a NEGATIVE -2.14%; the SPDR S&P Biotech ETF (XBI) is indicating a NEGATIVE -2.65%; the Health Care Select Sector SPDR ETF (XLV) is indicating a NEGATIVE -1.85%; while the iShares Russell 2000 (IWM) is indicating a NEGATIVE -2.72% in Monday’s pre-open

 

Pre-open indications: 13 SELLs and 3 BUYs

Thematic of the day: Hold it, hold it and hold that BUY button until you see the green of the incline …


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