Replies to post #129479 on Zeev's Turnips Patch-No Politics (ZEEV)

[Bullwinkle]

Drug Sector

Hey Augie, if you have the time I would once again appreciate your input (or any others that want to chime in) about these charts:


Pharma Index



Novartis


Glaxo


They look rather oversold with minimal downside risk as opposed to upside potential. Looking to play these for the week prior to their reports.

[ardent jd]

Ah, augie, now that you mention it, I'm not really sure what this chart is showing...the title is not all that clear. I assumed it was the risk-free rate vs. earnings yield, but you're probably right. Thank you for pointing that out.