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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 691.66-0.1%Jan 16 4:00 PM EST

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To: Peace who wrote (110877)9/5/2018 1:54:17 AM
From: Robohogs  Read Replies (3) of 222044
 
SOX and certain bios are only qqq tech sectors not to have hit ATHs. Of course 2/3 of the major bio etfs did hit new highs (one just 52w high as it is yet to take out 2015 high - bad laggard) but majority stinking anyway as evidenced by xbi not getting to even 52w high, though it had been exploding out of severe compression last week.

Anyway, these are usually leaders. Sox is being kept in check by tariffs. Bios are kept in check by rising rates. And fear of Dems getting power.

Jon
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