I was out. I sold already, why you asking me?
When you have a big gainer, esp in bio, put that stock and XBI on a chart, and put in a 9 period EMA. Use a 5 min chart.
If XBI goes under that line, the stock is on a sell watch. If XBI stays below that 9 period EMA, and the stock also goes under it, sell.
If a stock is up a lot, it can drop under a fast moving indicator like a 9 period EMA very easily. The real indicator is money moving out of the sector, which is why you watch XBI.
now I am sick about XBIT, I firsty posted and bot it around 15, now 23, and I made maybe a couple grand, shd have made 10 or 20 grand. Bot too little, sold too soon.
Sold the last of my XBIT this AM, I hope I wasn't too soon once again. It is still 9-12 months from any real approvals, seems way ahead of itself. But it is an untreated area...
What a mistake by me in selling my ACIA too!!!
Seems I make good calls, you make good trades...
My case for COHR:
Few mkt participants in an area that has steady demand. They are the leader.
90 days ago, the SP was 91. It's 92 now.
90 days ago, the 2017 est EPS was 5.12, now it's 6.08.
Seems the stock could be 10% or more higher right now...
Re XBIT, when it was 13, there was a huge short interest. I expect a lot of the move up was short covering. I sold 1/2 yesterday, esp considering the 3 unexpectedly strong days we have had. If it drops at all, I'll be out 100%. Also sold my MGNX.
On TWLO, who knows? But it's my experience that the momo guys who drive these big moves eventually move on. While anything is possible, a "steadying out" period is upon us, JMG.
Bot some TSLA on the bad news, not so bad, and not that much.
FB was lousy yesterday. FB is not back to where it was last Th, and EQIX is above where it was. As is MELI. FB is starting to frustrate me.
no, it's 39.39, was even higher. Too much volatility for me, I hate to buy a stock, have it go up a buck, then give that back.
LatAm watch list almost completely green, BRZU up near 5%. RIO up 3%, VALE up 4.6%. Brazil is, apparently, the place to be.
I have posted my fav semis many times, and IPHI has been on it every time.
Apparently, MU likes their memory business to be buying it.
On the news, IPHI is up 11%. Of course, I have none.
There are 2 laser plays (ie, photonics) that are close to pure play, COHR and IPGP.
I have been in and out of COHR a few times, I had gotten back in before the Brexit, took the pain, and added. Then it didn't move (not much at least) for the last 2 days.
Up 3.3% today, solidly over 90, hope it stays there, my ave cost is just over 90.
I am in 3 chip stox, AMD, NVDA, and MXL. I have a very short list of chip stox that I like. AMD is not on that list, I bot it when it had dropped so much as to be an attractive trade. I sold my ACIA today, may get back in.
You have any thots on any of the chip stox?
Other chip stox I like include AVGO, IPHI, MLNX, and SIMO. I love NXPI the company, I hate NXPI the stock.