Tuesday Market Wrap

{+++} It was a decent day for the bulls. AAPL reported after the close,  the number was decent and the stock is flat to up slightly. Biotech is acting better, but I still want to see the IBB close above 258-259 because this three day bounce so far is just that….a three day bounce. BIIB reports in the morning and then GILD reports after the close tomorrow.

We could all take the rest of the year off if we owned PBYI. The stocked popped 70 points in the after market after they reported amazing data with their breast cancer drug.

pbyi

We are out of PLUG. It was a good trade.

China stocks are hot and the FXI broke out today. There are some great looking names in the space so more to come on that front soon. In the meantime, watch DANG, TOUR and QIHU.

See you in the morning.

Joe

 

 

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