Biotech And China Tech, Left For Dead. Time To Step In - XBI, BABA?

bouncee
2022-05-08

Summary

  • Opinion Follows Trend. Sentiment is at an extreme low on Biotech and Chinese Tech.
  • Ben Graham, “in the short run the market is a voting machine, but in the long run it is a weighing machine.”.
  • All sales have expiration dates.$Alibaba(BABA)$

  • China Tech (Alibaba) and Biotech have been the two least loved sectors in recent weeks, but we believe this is changing. As we always remind our listeners|viewers on our weeklypodcast|videocast,"Opinion Follows Trend."

    In this most recent clip from Friday, we go into some detail on the thesis behind our purchases:

      This article was written by

        Disclosure:I/we have a beneficial long position in the shares of XBI BABA LABU either through stock ownership, options, or other derivatives.I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.


      Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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