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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Lee Lichterman III who wrote (59280)5/6/2022 10:16:18 PM
From: Jacob Snyder4 Recommendations  Read Replies (1) of 96672
 
< LABU as a longer term investment>

No X3 anything works longterm. Use LEAPs, although they are expensive. I am using just plain XBI; volatile enough for me.

Longterm, biotech moves with the technology, whose prospects are excellent.

Shorter-term, liquidity and interest rates are crushing it. Many small biotechs now have market caps less than their cash. When the market sees the end of QT, biotech will recover.
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