Biotech Heats Up as Fear of Missing Out Returns [TheStreet.com]
Tabula Rasa HealthCare, Inc. (TRHC)
Last tabula rasa healthcare, inc. earnings: 2/27 04:05 pm
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Source: TheStreet.com
Biotech Heats Up as Fear of Missing Out Returns | Feb 14, 2018 | 2:00 PM EST I have written often about watching for a change in market character to signal a shift in our approach. The change over the past two weeks has been the most dramatic in many years. The explosion in volatility has created a huge number of new opportunities. Many market players are struggling to adjust and that is helping to make things even more volatile. What is of particular interest today is how the 'hot' CPI number, which confirms one of the reasons behind the recent corrective action, has helped to produce a squeeze instead. We are back to 'fear of missing out' action and some downright frothy action in place. Technically it is hard to believe that this bounce is going to continue to run in V-shaped fashion. The S&P 500 is still substantially off its January highs and there is plenty of resistance but the bears have been caught by surprise and they a
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