Don't let D.C. become a costly distraction
Hear me out: The same lessons and disciplines are useful in both.
Because the selloff isn't over.
Major U.S. stock indices take a hit.
Stop losses do not work in this part of the market.
It's better to pick stocks than to call tops.
Callout: Results and guidance lift markets, dodging D.C. drama.
Biotechs are a worry; market gets ready for Apple earnings.
These disparate names seem to fit quite well with the investment approach of the Oracle of Omaha.
But this needs to heat up again for the sector to rally in a big way.

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we like this chart here, it appears ready to move higher. BOUGHT BZUN OCT 35 CALL AT 3.40
Large-cap, high-quality McKesson (MCK) is too cheap now, at $147.51 or so. The stock hit $243.60 more than 2.5...


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