Chris Lau
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Chris Lau in Value Stocks,

Tomorrow’s Moves For the Week Starting Monday May 9

1.Average down on biotechnology holdings. Downtrend will not last forever. IBB

2.Converse to above: biotechs not performing will get slaughtered. Watch out for MannKind (MNKD) as company reports quarterly results.

3.Watch ACADIA Pharmaceuticals ACAD. SG&A of $28M on the high end, and may go up next quarter.

4.Take profits in gold GDX GLD. Nice run-up. Time to get off the train. If there is only one to hold, it’s Kindross KGC.

5.…

6.What are your moves tomorrow? Post in the comments below.