The Stock Market Is BROADENING OUT - Biotech Swing Trade FOR THIS WEEK
Trading Fraternity Trading Fraternity
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 Published On Feb 26, 2024

The stock market saw another red day today but many investors were still wanting to buy stocks. Despite the NASDAQ & S&P closing red, the Russell 2000 saw a green day and provided the first signs of rotation and broadening out in a few weeks. The markets were still hesitant towards the data dump this week but if what happened today continues, many investors are looking to see how the market trades without the magnificent 7. After this brief market recap and stock analysis, I go over my portfolio and 3 stocks for tomorrow. I also focus on 1 biotech stock for this week that could be a good swing trade as the catalyst window is zoning in to the end of the month. I also go over some of the remaining stock earnings and sympathy trades I am looking at. Finally, I go over a few more trades related to post earnings continuations like NFLX & SQ.

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