I’m Eyeing 2 Biopharma Stocks While Everyone Else Gawks at Big Tech
Here are a couple of oncology names that are steadily moving up.
New SanDisk Price Target as Micron Lifts the Memory and Storage Basket
SanDisk is enjoying a surge ever since it was spun off by Western Digital, but how far can it go?
Late Morning Breadth, Sectors and Movers
Breadth
S&P 500 Sectors
% Movers
Position: None
Nvidia Since Earnings
I believe Nvidia’s share price is down every day since its earnings release.
The stock is down another five beaners this morning.
More Tales From Nvidia: A Lesson on Valuations of Cyclical Equities (Issue #197!)
Position: None
I’m Tightly Trading Two Stocks While Protecting Gains
I’m reducing some positions, but adding this highly speculative, low-priced data center name.
More Covering
Covered some ($MS) at $197.45 and I am putting those shares back short out at $200.55.
Positions: Short MS M
Getting Bearish
I am increasingly bearish.
I just sold out the balance of my three staples longs:
* ($KMB) $101.92 (+$3.15)
* ($PEP) $148.21 (+$2.51)
* ($PG) $148.05 (+$5.01)
I plan to buy back these positions in a meaningful correction – if we ever get one!
Positions: None.