HGSI DOC Top Down Review 9.27.2015

Greetings and welcome to this week’s rendition of my Top Down Review.

It was a tough week for anyone investing in growth, beta and especially Biotech. These indices finished to the downside hard at week’s end.

As September ends we begin the 4th quarter and the month of October this week. Many major lows have occurred in the month of October.

For now, fasten your seatbelts and let the market tell you when it is time to act. I have a short and long pick in this weeks Chart of the Week. Let’s take a look at the markets from a Top Down Approach.