Risk Still OFF with Euro Malaise

by | May 30, 2012 | BIOgraph, Macro

Look for biotechnology intermediate top as we approach ASCO next week. Market is now driven by hedgies and big funds.IBB  ($123.90) double top with YTD high of  $126.90 Mid cap biotech index off 1.7%. DX and tools also very weak. S&P unchanged from one year...

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