| | Tech Is Consolidating and the Market's Seeking New Leadership
By Gianni Di Poce
The tape tells the tale, just like it always does: The tech sector is clearly in consolidation mode right now. | Don't get me wrong - I still like the price action I'm seeing there in the sector as tracked by, for instance, XLK, the Technology Select Sector SPDR ETF. But this means the market is now (or shortly will be) looking for a new leader. | My research has isolated a really promising candidate for that new leadership role: biotech. | There's no shortage of fantastic setups in this sector, and I've already starting picking a few standouts. | Let's take a look... | | Now over to Don Kaufman… | TheoTrade Daily Chatroom Schedule for Tuesday, June 25, 2024
9:20 AM to 10:30 AM: I'll be getting us ready for the opening bell
10:30 AM to 11:30 AM: Professor Jeff Bierman shows you… The Way
11:30 AM to 12:30 PM: Blake targets more earnings trades
12:30 PM to 1:30 PM: Gianni Di Poce is watching currencies and a lot more
1:30 PM to 2:00 PM: Break
2:00 PM to 3:00 PM: Tony Rago finds targets in NQ charts
3:00 PM to 4:00 PM: Brandon Chapman tracks big money flow
Another Dynamite Pick from Gianni Di Poce
The guy is famous for naming great stocks - for a reason. He's looking for money to flow out of the tech sector and into biotech for the next six months. But he's looking all over the place for good deals. His latest: "Buy BFH on a close above $43.03 with a stop loss on a close below $40.50." | My People Cleaned Up with QQQ (Triple-Digit Gains)
I released at zero-days-to-expiration "0TDE" trade on the massive NASDAQ ETF and the folks following along crushed it. Two people wrote in to say they made 235% and 322%.
These kinds of wins are possible with tech at nosebleed highs - if you know what you're doing. I'll be showing everyone in the audience how it works on Wednesday - get your free spot here.
Gianni's Planning His Next Move - Get In on It
Our newest trading expert put a successful two quarters on the books… and he (and his readers) are hungry for more wins. Today he published where to find the biggest profits in the next six months. | Click here to get Gianni's Sector Leader Bullseye research - free - delivered right to your inbox…
| We'll talk again soon, | |
Don Kaufman
Co-Founder, TheoTrade
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