Monday, February 20, 2017

Stocks rested most of the week with monthly options expiring last Friday on a mild note. Many stocks will hover at even strike prices like $100, $40, $120 and so on, the day these options expire every third Friday of the month. Meanwhile the S&P-500 is poised to move higher this week.

TBA = Technical Buy Area

Letís start off with Netease Inc. (NTES) that soared $40 on super earnings news out last Wednesday night.

Letís see a few Financials.

Now on to a few Biotech stocks.

I hope to see you in the chat room Tuesday and Wednesday and then back here Wednesday night.

Daniel J. Zanger