Category Archives: XLV-25-01

‘Follow The Money’ … Eli Lilly

May 10, 2025 By in Health Care, LLY, Positions, Wyckoff, XLV, XLV-25-01, XLV-25-02, XLV-25-03, ZeroHedge

Exactly, What We’re Doing

At this juncture, the ‘money’, is heading out of Eli Lilly.

According to this link, LLY is the heaviest weighting in Health Care Sector, XLV.

Wyckoff analysis pointed to XLV, starting with this post. That short was stopped-out along with another (XLV-25-02), which was not discussed.

Thís update, let the site-visitor know (from the sidebar), there was a third attempt to short (XLV-25-03).

That trade is active and in-the-green (not advice, not a recommendation).

Confusion A-Plenty

Gold up, silver down, interest rates up, dollar down, then up, biotech down, drugs down, healthcare down, defense up; on it goes.

Then, what does ‘retail’ do? They ‘buy the dip‘

What ‘dip’ exactly, is that?

Let’s move on to LLY, and see what it’s telling us.

Eli Lilly LLY, Daily

Volume (churn) increased significantly from the earnings release on October 30th, 2024, onward.

There have been two ‘breakaway’ gaps (down) since the May 1st, earnings release.

It’s also possible there’s a trading channel.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Selling The Healthcare … Rip

April 23, 2025 By in Goldman, Great Depression 2.0, Greg Hunter, Positions, XLV, XLV-25-01, ZeroHedge Tags:

Wedge Formation

It’s a bear market; we have non-stop headline induced whipsaws, never-before seen extremes, massive downdrafts followed by (face-ripping) short covering squeezes.

Then, there’s the ‘fatigue’:

“Investor Fatigue Has Set In”: Goldman’s Desk Summarizes The Key Market Themes, link here.

Judging from the links below, the professionals (seem to) have an idea of what’s likely; the other side (the retail side), remains clueless or confused.

‘Depression Cycle Is Here’ Charles Nenner Warns “It Will Be Much Worse In 2026”, link here.

As Professional Traders Panic Sell, Retail Investors Just Can’t Stop Buying., link here.

The recent sharp recovery has shown us where to go for short-side opportunity.

One such sector, is the healthcare industry (not advice, not a recommendation).

Health Care Select Sector SPDR, XLV, Daily

The wedge is obvious.

Typical classical analysis market guidelines for wedge:

Whatever direction was the entry, that’s the (most likely) direction for exit (not advice, not a recommendation).

If there is a downside exit, we’ll discuss measured move(s) at that time.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279