August 24th Daily Market Comments

The general market is drifting sideways, not showing any direction. However, the biotech sector is still allowing for big profits. PBYI, SRPT and ENDP have produced very good candlestick patterns, frypan’s and J-hook’s. These market conditions warrant having trading funds in very specific sectors. Fortunately, candlestick charts allows for immediate graphic identification of where the money is going.

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