Sideways Action, But Solar and Biotech Shine

Markets were flattish today, but there was great action in biotech and solar. We haven’t played the solar space, and I wouldn’t chase it here, but what a great move of late. Below is a chart of TAN which is the solar sector.  After the bottom in January, the etf has ripped 40%.

tan

We saw QURE, LGF and BLCM trigger today.

I have no new setups tonight, but please check the p&L tab for stop adjustments.

 

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