There was the high, tight one on Biotech iShares, IBB and then others noted on the Medical Device iShares, IHI and the general sector SPDR, XLV. Well, there ya go.…
We noted the high, tight one on IBB yesterday and today it and its bros in the Healthcare sector appear to want to break these bull flags. In line with…
Less than 3 bucks from target #1 (75), I am taking the profit here. ABBV is very overbought as it led the momentum that recently whipped up in the sector…
In line with our bullish forward view on USD, behold the very bearish state of the Commercial Hedger positions in the Euro (courtesy of Sentimentrader). Recent historical data speaks for…
The Healthcare SPDR, XLV is going up, joining the early moving IHI (like Semi in early 2016, I've felt like a lone voice extolling Medical Devices since the middle of…
I made a rather bemused post on January 11 as Donald Trump said the word "Pharma" in his first formal post-election press conference and man, machine and substance abuser alike…
Well, you can throw darts, but you've got to be a good shot and able to hit the bull's eye. That is because discrimination, as opposed to 'set it and…
As we have noted for months in NFTRH, the two most bullish sectors have been the Semiconductors and Healthcare. First, we tracked an Ascending Triangle and blue sky breakout in…
Here's the XLV weekly chart again. It's closer still to the top channel line. The daily view is kissing the SMA 200. I sold XLV but still hold my fair…
Regarding the recent posts on Healthcare, I took the profit on PFE [edit: AMGN targets higher but taking that profit too] for two reasons; 1) As noted in NFTRH 389…
During a week when I am being compelled to evaluate whether the ‘market bounce termination’ view will be correct (it has exceeded target, after all, though I am giving it wiggle room) and hence, whether my short on SPY will be correct, let’s take a look at one specific sector, Healthcare, which includes Medical Devices, Services, Pharma and Biotech.
As you know, the favored plan is for the US stock indexes to finish bouncing at or below the top channel line parameters per yesterday's NFTRH update (I've begun slowly…