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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (17987)3/18/2016 1:13:47 PM
From: John Pitera  Read Replies (1) | Respond to of 33421
 
patience is something that Linda Bradford Radscke mentions multiple times in her interview in Jack Scwager's market Wizards book..... I believe you have to be very patient on the IBB and the pharma sectors.

Healthcare has been an overloved and overowned sector this past 18 months...... I don't see the catalyst to turn it around.

John



To: The Ox who wrote (17987)3/21/2016 12:45:52 PM
From: John Pitera3 Recommendations

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  Read Replies (2) | Respond to of 33421
 
AAPL 10 year chart still in uptrend but stochastics and RSI action feels like a bear market rally



NFLX has a horrible chart pattern and the fundamental story is horrible with 50 competitors emerging and the entire content distribution model undergoing a complex game change... from the skinny bundle to HULU selling commercial free TV and developing movies, Amazon prime developing great content, HBO can be purchased ala carte

NFLX is a horrible stock to hold for the long term... I'd much rather be short it.



John