Contents
| Stocks | 2-5 |
| BIDU CRSP BIOS UXI EXSA | 2 2 3 4 5 |
| Commodities | 5 |
| PLATINUM | 5 |
| Foreign Exchange | 5 |
| EURUSD | 5 |
| Cryptocurrencies | 6 |
| BTCUSD | 6 |
Stocks
| Ticker | Sector |
|---|---|
| BIDU | E-Commerce |
Possible bottom in BIDU. Currently reversing from a 9 year basing pattern with a daily breakout. Risk is just under the range low.
| Ticker | Sector |
|---|---|
| CRSP | Genome Editing |
One of my favorite stories in the stock market right now is Crispr. The price action in the weekly chart of CRSP reflects that gene editing may have a bright future. CRSP has maintained strong momentum since the beginning of its IPO.
| Ticker | Sector |
|---|---|
| BIOS | Healthcare |
The cycle of Option Health is turning up once again for the third time in 20 years. The short term price action (weekly) may indicate an imminent breakout. In general, I am very constructive on the Healthcare sector.
| Ticker | Sector |
|---|---|
| UXI | Industrial |
Industrial stocks have repeatedly performed very well after a 12 month base. The price action right now is VERY strong and presents a great opportunity in the next 12 months in XLI ETF.
| Ticker | Sector |
|---|---|
| EXSA | Europe Index |
Euro 600 Index is on the verge of a 10 year breakout.
Commodities
| Commodity |
|---|
| Platinum |
The precious metals complex are all showing relative strength. As of recently platinum is under-performing gold and silver. I continue to believe platinum has potential to outperform both metals, but it is proving to be the more challenging trade of the three. Nevertheless, I still consider platinum good value.
Foreign Exchange
| Currency |
|---|
| EURUSD |
Click here to expand original analysis on Tradingview
The Euro is still strong against the USD after retesting the recent trend line.
Cryptocurrencies
| Crypto |
|---|
| BTCUSD |
BTC is testing the .618% retracement level for the fourth week in a row. Structuring the stop just under the blue curve provides a good risk/reward. A bounce from here is likely to take BTC to the 8900 level next.
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