LABD plays emerging within the market’s weakest sector and industry group
$Direxion Daily S&P Biotech Bear 3x Shares(LABD)$ (ADR 8.9%, Avg Daily Volume: $103M) – A 3x inverse biotech play emerging within the market’s weakest sector and industry group
I'm still 100% long but any stopped out (specifically $Invesco DB Agriculture Fund(DBA)$ still within t+3 as revealed yesterday) will free up room to act on this idea after the market reacts to pre-market PPI, retail sales, and Fed Chair's remarks at the Second Thomas Laubach Research Conference later today
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