BullBear Trading: Stock and Financial Market Technical Analysis

Why I Am Buying 3X Long Biotech ETF $LABU Into The Stock Market Close Today

There is one simple reason why I am buying the 3x long biotech ETF $LABU into the stock market close today. There is a Presidential Debate tonight and biotech has been under pressure the last few trading days, afraid of what targeted attacks it would get from the candidates. Ultimately, there will be relief when it is over, not matter what is said. The fear of what may be said is always worse than the actual event, which means a sharp biotechnology rally tomorrow. This is literally a 1-3 day swing trade. Quick in and quick out. I am aiming to maxmize gains as much as possible, thus the plans to buy $LABU.

 

By Pro-Trader

Anthony Jackson

Views: 61

Comment

You need to be a member of BullBear Trading: Stock and Financial Market Technical Analysis to add comments!

Join BullBear Trading: Stock and Financial Market Technical Analysis

Join BullBear Traders

 
Free 30 Day Trial
No Credit Card Required

SUBSCRIBE Here
  

Pay with Cryptocurrency and SAVE!

6 Months BullBear Trading

for $100

(regularly $120.00)

 

Steven Vincent's market analysis is published on:

Steven Vincent's opinion is polled every week for the Birinyi Associates
TickerSense Blogger Sentiment Poll

© 2020   Created by Steven Vincent.   Powered by

Badges  |  Report an Issue  |  Terms of Service