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Read the Chart and Know the Truth
- and now you know the rest of the story.....
Is it time for Biotech? ETFs are a great way to evaluate sector opportunities and then either trade the ETF or find a stock leader within the group.
This is the SPDR Biotech XBI ETF. You can learn from yahoo.com what the holdings are; AMGN, GILD, ISIS, VRTX, are a few. We do not have to wonder about timing a buy, we can see price. Since this chart was posted, XBI is up $5.64.
I went to the sub-sector of the group and posted the weekly chart of Great Xpectations™ VRX and we can see that VRX is performing better than the group. There are plenty of ideas and opportunities in the stock market. Traderdoc Methodology gives you a strategy to profit from what we see price doing.
Check out Dr. Schaap's new DVD, Invest with Success Using ETF's. This is not a light-hearted study - it is an intensive study of ETFs and how to use them to manage your portfolio. Invest with Success Using ETFs
Biotech ETF XBI
VRX Weekly Chart
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