|Day Low/High||1.96 / 2.13|
|52 Wk Low/High||1.77 / 7.94|
Here's a follow-up on stocks that are on my radar this year -- and why I'm still tracking them, despite moving lower.
The most significant difficulty is that it undermines stock-picking.
There's an unusually large number of attractive small-caps in the market right now that have been hidden under the action of the indexes.
There's much going on with individual stocks, and I like this trading action.
Traders continue to hunt for good action as the gap narrows between extended big-cap stocks and beat-down smaller names.
My positions change very fast and I'm actively trading all these names.
And It comes after one of the best days of the year for the biotech sector.
Many of the stocks favored by speculative traders are coming on strong.
Life has not been easy for the small-cap biotech investor so far in 2021.
To get a clearer view of where your holdings are headed amid this torturous action, consider cutting bait with a stock, even if you don't agree with the price action.
There are any number of ways the inconsistency in the market action can fix itself.
I'm becoming more confident that small-caps have bottomed heading into earnings.
The tricky part is that sector strength is shifting fast.
This is a nice-looking uptrend right now, and I see no reason to start anticipating major problems.
We have some healthy action out there, and charts are developing well.
The broader market is struggling with some concerns again about inflation and the possibility of a less dovish Fed.
There's a merger involving one company, a collaborative agreement for another and hints of a positive regulatory development for a third.
Here are some biotech and gaming names I am watching as these sectors begin to rotate.
Trading in biotech stocks and a particular SPAC play are on my mind.
Quite a few stocks are fading right now -- not due to poor fundamentals, but due to lack of buying interest.
I'm currently heavily invested in several stocks that are drifting around as I'm quite confident that the eventual catalysts will come.
So far today, aggressive stock picking is looking like a possibility.
There is so much going on right now that it is overwhelming.
All these names, I believe, have potential positive catalysts, but they all can drift lower in a poor market.
It's premature to predict that a low has been made, but plenty of stocks are quite washed-out already and are starting to find support.