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The oil streak has run its course and the trend seems to have come to an end. It looks like biotech is well-positioned and emerging to become the next sector in favor. | June 17, 2022 Magnet Minutes
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It looks like the oil trade has come to an abrupt halt. I am seeing money flow beginning to come into the beaten-up biotech sector which looks ready to come into favor. We are adding a few high-quality biotech companies right here and even adding exposure to biotech ETFs as most biotech companies do not pass the Magnet® screens.
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