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Strategies & Market Trends : General market lab and commentary
SPY 683.34+0.2%Nov 3 4:00 PM EST
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To: Robohogs who wrote (533)7/11/2016 5:02:21 PM
From: The Ox  Read Replies (2) of 668
 
This near-term sentiment drop in bios is puzzling. Absolute collapse.
I agree that it's fascinating how strong and fast this has played out. One recent example is the 4 week plunge in REGN during June. I think it shows how just how many must have wanted to get it out of the 2nd quarter reporting, if I had to guess at a reason. Trading then compounded by the Brexit movements. $405 to $330 sliced a significant portion off their market cap.

Momentum went crazy in the other direction last year, maybe it will calm down a bit going forward?

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