Joe Terranova just said he was selling half of his position out of caution. I don't own enough to sell it, I guess.I had an order to add to ABBV at 106. Looks like sanity prevailed at 106.10. But to 111 and climbing now.
RinQon is an $8b a year drug for them. The issue was a PFE drug and the FDA hit all three drugs that are the same type. LLY and PFE dropped about 1% but due to RinQon doing 8B ABBV got crushed. I see this as an over reaction and algo selling. I wish my order had popped at 106.Joe Terranova just said he was selling half of his position out of caution. I don't own enough to sell it, I guess.
So far holding the pivot, even with SPY pulling.NCLH at a strong daily $25.05 pivot here. Volume has reacted to this level. $26.50+ is breakout territory with declining covid cases and deaths as a catalyst. My hesitation is SPY trading at all time high level here. I would much rather buy on an index pullback.
What to do...
Which of those boxes does he check? Often stoned isn’t on there.Where is Elon on this list?
Cramer gave a whole analysis on it being overdone, and to buy more.That ABBV shit was ass-rapey.
It was my plan. I was busy prepping deliveries today and only had time to set a quick buy order at 106$. I wasnylt near a computer when it bounced just above and couldn't react. Meh, it is what it is. It's my 4th biggest holding so I was going to add a lot anyways.Cramer gave a whole analysis on it being overdone, and to buy more.