Another former customer of mine (as were the previously reviewed BSX & CAH), Haemonetics makes automated blood handling systems and related software, devices and equipment. I added it today. The daily chart caught my eye for its earnings driven pop (as did CAH) above the moving averages. A big fat gap you say? Yes, but it need not fill in the near or intermediate-term because … Continue reading NFTRH+; A Medical Device Company Bull Flag Setup
Cardinal Health is a company that I dealt with to a minor degree back when I worked in the real (as opposed to virtual) economy. We serviced some medical equipment projects for one of their engineering groups. Aside from medical devices, the company is integrated with medical services and pharmaceuticals. Importantly, this includes opioids, although it is a minor segment of the business about which … Continue reading NFTRH+; Look-Ahead to Potential Buy Opp. on a Diversified Medical Company
Coronavirus wax on (DJIA +275), Coronavirus wax off (DJIA -204). And so it goes in sentiment-driven markets as the herds, led by the machines… thunder on. Yesterday it was all Rainbows and Unicorns and today it’s… It’s important now to have a view that is not riding the daily whipsaw, but instead sees patterns and trends but also respects history. Personally, the 1998-2002 time frame … Continue reading Coronavirus Wax On/Off
