Every now and then the market completely loses interest in a sector. Right now that's health insurance and drug companies because the liberals are hammering on them in Congress.
This company is a scam anyways, but even money making companies like SUPN are getting slammed. Chart seems to indicate that it's got more room to drop.
This company is a scam anyways, but even money making companies like SUPN are getting slammed. Chart seems to indicate that it's got more room to drop.
Trade closed manually:
Can't short anything in this market, taking the small profit and leaving
Trade closed manually:
Flipped some puts today for a buck a piece, but wow I could have made more. I think it bottoms out tomorrow and revereses. Keep an eye on it, still has room to go down.
Keep an eye on weak sectors when the market goes down.
Keep an eye on weak sectors when the market goes down.