MIGHTY LOONY

April turned out to be a terrible month for me and I was down almost 4% compared to previous month. However, the C$ has appreciated for approximately 5.2%. Without the mighty C$, my performance would have been up slightly. I have always believed that the currency fluctuation will eventually be even out and I will not pay too much attention to it.

Biotech continues to get hit today and the sector, along with other healthcare sector, has been dogs for this year. I am watching this sector and would like to add some. But the mighty loony concerns me, and the momentum does not seem to fade. Maybe I should simply add some COM from here as a proxy for biotech.

OCX

Enough talk already, time to do some trading. I add some OCX today, another purchase before earnings, except this one is at the home front in the mighty loonies. I believe OCX is going to have a great quarter, and chart looks strong as well.