$Direxion Daily S&P Biotech Bear 3x Shares(LABD)$ Anyone who has been in the biotech game long enough knows this sector is the wildest ride out there, no contest. It moves on its own terms, often out of sync with the broader market. I’ve always said that even within the Russell 2000, biotech is the ultimate hot money indicator, it either leads the charge or takes the first hit.
On top of that, healthcare always carries a bit of a defensive edge. That’s why I played both sides with $Direxion Daily S&P Biotech Bull 3x Shares(LABU)$ and LABD. Looking at how things are shaping up now, I’d say that was a damn smart move. This win was mine to take!
Winning Trades
Share your positions with us! This is a column where you can find the winning trades of our fellow tigers. There probably are a few potential opportunities that you may have overlooked.
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