Keep an Eye Out for the Chance to Sell Biotech
XBI seems to be heading toward support and a bounce would be a good chance to do some selling.
XBI seems to be heading toward support and a bounce would be a good chance to do some selling.
A flood of events will soak up liquidity in exactly the sector that needs support.
The SpaceX IPO and an Iran deal could be ‘buy the rumor, sell the news’ events that mark the top of the market for the year.