Since the beginning of the four-year cycle low in February 2016, the first four weekly cycles were very visible and tradable. The fifth cycle finished in one short week to conclude 2017. The seasonal tendencies have been disappeared completely from the market in 2017. It was an odd year with historic low volatility. The year […]
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 […]
