Another US stock market leader gets in gear

The Medical Device ETF is breaking a trend line We have tracked market leadership by the SOX>NDX>SPX chain closely in NFTRH. It is one of the keys to an ongoing bullish stance. But here is another traditional leader we have tracked/traded/picked components of for several years. IHI is in a stance that would put pain to bears if it starts playing catch up. Double bottom … Continue reading Another US stock market leader gets in gear

Don’t Throw Darts at This Market! Ex: Healthcare

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 forget it’ or one-size-fits-all will be important in 2017. You may recall my nonplussed response when Trump said “Pharma” in his first post-election press conference on January 11, and they immediately reversed and tanked the … Continue reading Don’t Throw Darts at This Market! Ex: Healthcare

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Further to Trump & Medical Devices; Tax Cuts on the Way?

As Trump was speaking during his news conference I noted that it was utter b/s for Medical Devices (IHI) to be selling down because he said “Pharma” and “Healthcare”.  That was because the soon-to-be president was talking about capping predatory and/or unfair pricing practices, which has nothing to do with the Medical Device industry. Now, according to at least one article, Med Dev is actually … Continue reading Further to Trump & Medical Devices; Tax Cuts on the Way?

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NFTRH+; He Said “Pharma” & IHI Weak Hands Got ‘Played’ (Public Post)

Donald Trump said “Pharma” right out of the gate and he also said “Healthcare” and something like ‘broken’ or ‘a mess’ or ‘needs to be fixed’ and they sold everything.  Down went my PFE and AMGN, which I guess was semi-rational if a pure knee-jerk, JNJ (it’s part Medical Device, part Consumer and part Pharma) and ridiculously, the IHI Medical Devices iShares (an NFTRH+ highlight … Continue reading NFTRH+; He Said “Pharma” & IHI Weak Hands Got ‘Played’ (Public Post)