Power Plays Update: Closing BIDU, MSFT & XBI
July 23, 2024

By Scott Redler

We'll close out these names from Power Plays:

  • Baidu (BIDU)
  • Microsoft (MSFT)
  • SPDR S&P Biotech ETF (XBI)

The market had a nice bounce off Friday's low, and I'm not sure how much staying power these names have -- especially if the market pulls back into August.

I don't want these positions to turn into losses, so I'd rather cut them off early.

Stay tuned for more updates.

-Scott

Scott Redler Positions Disclosure as of 2024-07-23 at 11.36.28 AM