One badly-battered market that might be an appealing short-term long position is biotech, by way of the symbol XBI:
Buy-o-tech?
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Bonds Short
Overseas Channel
For a full year now, the emerging markets fund EEM has been following a relatively smooth descending channel, bouncing between support (green line) and resistance (red line). It doesn’t always make it all the way to the line, but there’s no doubt that, with all that has happened over the past twelve months, EEM has been pretty predictable with respect to turning points. I’d say it’s getting close to resistance yet again.
Two Sinking Arks
I finally put my money where my mouth is and acquired April puts on ARKK early today. Here are a couple of Cathie’s utterly precariously-looking funds:
