• You know it’s a quiet morning in the marketplace when the #1 most read story this morning deals with the fact that Cathie Wood sold a whopping 2,000 shares of Nvidia (NVDA) late last week.  However, there are plenty of reasons to think that we’ll see plenty activity as the week goes on. 
  • The XLV healthcare ETF has broken out in a very important sideways range in recent weeks.  We’d also not that one of its subgroups…the biotechs…are testing a KEY resistance level.  If the IBB biotech ETF can break above this level in any meaningful way, it’s going to be very bullish for this group on a technical basis. 

 

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