Saturday, June 6, 2015

5 Year Highs

Looking at a quick screen of stocks hitting five year highs it's mostly medical and financial stocks. Most of the major brokerage firms like Schwab are at fresh 5 years. Most of the breakouts and momentum has been in biotech lately. I'm going to go on a limb here and say the biotech index hits a new high soon. IBB isn't saying new high in the chart, rather it is stalled. IBB seems pretty happy up here though.

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