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Biotech / Medical : momo-T/FIF -- Ignore unavailable to you. Want to Upgrade?

To: tuck who wrote (10635)	4/13/2016 2:08:45 AM
From: Robohogs	Respond to of 12215

Nice comments. Agree with all. One last data point on IBB: it held not only the 5 and 8 and 13 and 21 EMAs, as well as the breakout, but it also held the YTD VWAP near 270.65. I would like some separation. 280-288 area should be ok to clear.....290 is the real tough nut. I also woukd lme to see all firing at same time. On oil, I refuse to play. I agree with your reasoning but not sure it matters for more than a week. I do not know what to make of the permabears here. Kass and Hussman and zh are frothing st the mouth. On the overall charts, ATH opens way to 2400 btw. Hussman calling for 1k. Found this looking into Hussman more. pragcap.com Jon

To: tuck who wrote (10635)	4/13/2016 4:57:59 AM
From: Robohogs	Read Replies (1) \| Respond to of 12215

The targets off of the 90% above 50 day for SPX and 5 weeks up 1% studies both suggest average of 2070-2075 this weekend. The seasonal study says 2120 by month end, up 3% vs 0.1% so far month to date. Most importantly we ate tracking the upside from both studies and bth have materially higher targets further out, like 2300 next March. A break of the yrading range up targets 2400. Everyone is underinvested so possible on supply/demand. Issue is valuation. If one extends the SPX study to IBB where % above 50 got close to 90% at the rcent high, that might suggest 290 or so as a target in 2-3 weeks. Since IBB is high beta, I might stretch that and say 295 or even 300. If we hit 2100, then I might say these targets are likely.

To: tuck who wrote (10635)	4/17/2016 11:20:57 PM
From: tuck	Read Replies (3) \| Respond to of 12215

<<I worry that the market is trading pretty much on oil, and I wonder how much production cutting is actually going to happen.<< One of the easier calls I have made, as Doha fails to bring production cut agreements, and futes are down. Mr. Crude, say hello again to a 30 handle. >>I'm watching some solars<< Wandering OT: CSIQ looks interesting here. If Mr. market shakes off the oil glut, that would be very constructive. Not holding breath. 2nd half April, super strong seasonally per Jon's work, is not starting off well. Cheers, Tuck