6/25/2026: It's a Biotech bull!
- $XBI $IBB continue the awesome move higher with Genomic stocks $ARKG $TWST $TXG $PSNL $GH
- Homebuilders $XHB $ITB $TOL $PHM trying to lead once again.
- $JETS getting a lift as Crude Oil has been in a steady decline for a few weeks $DAL $UAL $AAL
- $MU obviously stole the show on earnings but leave it to $SNDK to close up 22% to $MU 16%
- $MAGS completely out of favor this year and speeding up below the 200sma. They are an absolute no touch here even if they stage a short term rally.
- $UFO coming into a key level with the 200sma $RKLB $PL $ASTS already cut in half but with $SPCX unable to rally we will see what happens against the 200 day.
- $EWY with the overnight gap down and taking the memory names with it.
- There seems to be some very ugly under the surface unless you are playing a few of the first groups mentioned above.
- That ugly action is part of the chop necessary to build new bases in the growth space after many made a few hundred % moves.
Every day I hear complaining about the limited scanning capabilities of Tradingview but then people continue to use because it is cheap.
If you want to make money trading use good scanning software.
Yes. Entering in anticipation gives you the gap gains.
This is why I run my anticipation scans looking for tight days around 3.30 and if I find a stock setting up for breakout I buy it in last 2 minutes before the market close. Next day it breaks out you can move your stop to break even and trade is free.
If it does not break, I can close for tiny loss of small profits.
Again this is tactics to front run a possible breakout which you know other participants will enter on confirmation.
Yes. Entering in anticipation gives you the gap gains.
This is why I run my anticipation scans looking for tight days around 3.30 and if I find a stock setting up for breakout I buy it in last 2 minutes before the market close. Next day it breaks out you can move your stop to break even and trade is free.
If it does not break, I can close for tiny loss of small profits.
Again this is tactics to front run a possible breakout which you know other participants will enter on confirmation.