The Dow, The Russell, And The Biotech Sector Are Storming Higher
Image Source: Unsplash
It’s a bull market, alright… and our playbook has helped us to take full advantage.
XBI, an ETF that tracks biotech, is up 8% in five sessions. The gold ETF, GLD, is up 3.5% in the same timeframe, while Bitcoin is up more than 13% in five days.
The Dow Jones Industrials have come up 4.2% over the latest five-day, while the Russell 2000 index of U.S. small-caps is up nearly 11% - it’s having its best week in 24 years.
These are all in play, enjoying a moment in the sun, and we’ve done a great job tapping into this.
I’ll show you a chart in a moment that confirms the continuation of the bull trend, but I’m also seeing the first signs of a flight-to-safety unfolding.
As someone who’s been bullish for several months now, I’m coming to believe the low-hanging fruit has been picked - the “easy money” has been made.
This is what I suggest we do about it…
Video Length: 00:10:59
More By This Author:
How To Trade For Dystopian Days
And The Rally Goes On with Absolutely Manic Rotations
Tech Just Scared Traders Into Safety - Here’s What To Do
Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, ...
more