by Greg Guenthner
First Biotech. Then metals. Now this?
We’ve seen the hated biotechs rise from the ashes… metals and mining plays jump double-digits in a single session… and even some down-and-out IPOs flash green this week.
Just as a stock or sector seems to hit peak pessimism, buyers swoop in and send shares soaring. So we’ve spent some time this week sifting through the murkier waters of the market to dredge up our next double-digit gainer.
Well, now we’ve got another. We have one more snapback trade that we can play for some fast double-digit gains to close out the week.