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Day: July 19, 2022

IBB and XBI Showing Notable Strength (Video Market Update)

Biotechnology stocks as represented by the IBB and XBI etfs have shown plenty of relative strength of late. With earnings season upon us these stocks could get a further boost, and even more so through a multi-quarter view if m&a activity resumes.

The DJP ETF Could Bounce Hard (Market Video Update)

The US Dollar is starting to look overbought on most time frames. If that is the case and we see some marginal weakness in the USD, then commodities and the DJP etf may see a significant trading bounce.

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