Traders and investors could go long IBB or XBI at current levels and look to add on strength.
Several signs point to underperformance for energy names in the near term.
Sometimes the most rewarding trading strategies are found away from all the shouting.
Let's review the charts and indicators.
Silver has taken a hit of late, but we should see buyers start to step in.
There is plenty of upside for a trade, but I think MSOS is a long-term buy and hold as well.
ARKK has produced impressive gains but it looks like it is still in a correction phase. Here's what aggressive traders could do.
Recent action in the IWM is way overdone.
XBI has shown a steep decline from the middle of February.
It was an ugly day but don't mistake this for a bear market.