Biotech And China Tech, Left For Dead. Time To Step In - XBI, BABA?
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.
Analyst’s 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.
Not investment advice. See "terms" at HedgeFundTips.com
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.