The biotech exploded to the upside this week with the Nasdaq Biotech ETF (IBB) up 8% at the close. In the video below I review IBB as well as its three top holdings: Gilead Sciences (GILD), Biogen (BIIB) and Celgene (CELG). Continue reading
Macau is a huge driver for three big U.S. casino stocks. I’ve read that the gambling revenue from Macau is three times that of Las Vegas. It is a huge market. Macau sits on the southern edge of China, just across the bay from Hong Kong.
In this video I check in on Las Vegas Sands (LVS), MGM Resorts International (MGM) and Wynn Resorts (WYNN). Continue reading
Weibo (WB) is the Twitter of China. It is actually owned by Sina Corp (SINA) of China.
Weibo’s stock has had quite a run from the August 2015 low. In the following video I analyze WB from an Elliott Wave perspective and provide a target for the top.
Weibo reports earnings tomorrow morning before the bell.
In this brief video I evaluate CSX’s daily, weekly and long-term monthly charts. This stock has been trending up since August 1982. The trend is about to end.
In this video I take another look at Tesla (TSLA). I last reviewed TSLA on February 9, 2017.
I was extremely bullish on the stock. It had closed at $262.08 on the day prior to my video. It then hit a high close of $383.45 on June 23.
It has now pulled back some. I discuss what I am expecting for this corrective wave and what I am looking for after that. Continue reading
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