As traders and investors focus on the bond market and Fed rate cuts, biotech stocks ignore the noise and can run as we start 2024.Sign up below for our reports on top small caps!This video covers SPY, QQQ, IWM, LBPH, ACET, GSAT.
LBPH announced positive results and was able to do an offering and raise $210 million without tanking the share price. Look for breakout above $26.50 highs. Could target $30 to $35.GSAT more insider buying. Slow and steady climber. New highs.ACET news. Just $93m market capOverall, stock markets focused on the bond yields, inflation data, and Fed rate cut outlook. Inflation data this week will be closely watched for clues.
As we keep saying, there are always opportunities in the markets, and it’s our job to find winning stocks to trade. Huge gains can be made in such a short amount of time.It’s essential to look for stocks that have yet to run. There are plenty of opportunities, and we look at hundreds of stocks weekly for our subscribers.Remember, all it takes is one or two to become a winner, and you’ve crushed the market indices (and Jim Cramer) for the year.Good luck to all (except the shorts and Cramer)!
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Disclosure: We have not been compensated for this article/video. Insider Financial is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.
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