The biotech sector is positioned in a breakout position in a vertical bull market! IBB and XBI are the two major biotech ETFs. IBB is weighted more towards mega cap biotechs, XBI is weighted more towards smaller biotechs that are the candidates having the potential to be acquired by the big ones. Both IBB and XBI have […]
The market took a drastic turn on the upside since the beginning of the year. It has defied a lot of conventional methods of technical analysis; it basically just went up like a straight line. This is a very unusual market condition that only happens maybe once a life time. This is called vertical market […]
The US government was shutdown over the weekend. It is a big deal as it affects many people’s lives and the economy. But in this vertical market, this shutdown will be just a blip that the impact to the market is almost negligible. The bull market will brushoff the event like it has been […]
The S&P 500 cash index ran 114 points in the last 9 trading days! What a great start of 2018! It officially kicked off the new weekly cycle on the first trading day in 2018. It just finished the 2nd week in the weekly cycle. With the incredible momentum, we expect the current rally to […]
We at Pricentime.com run daily, weekly and monthly scanners to search for stocks that are ready to take off. The focus of the search is the study of price and volume information in the given stocks to predict pending movements. We also scan unusual options activities to find winners. You need to login to view […]
It was the 18th week in the weekly cycle as we finished 2017. We thought the market would take this opportunity to create a little correction as the previous year’s high (also the current weekly cycle high) is a pretty tall order to overcome under normal conditions. But the market condition is anything but normal, […]
