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…
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. …
The height of knee jerk stupidity. Trump mentions Pharma and the need to bring down the hammer on it and the market sells off anything Healthcare related. Get this; Medical…
As you know, we follow the Medical Device iShares (IHI) on a weekly basis and have noted its over bought status for some time now. Not so anymore. Apparently, the…
We have been following the IHI Medical Device ETF for a long while now, as it acted as a bullish guide for the bearish broader markets. It was originally highlighted due to the bullish IHI chart and due to the sector’s tendency, per my experience in Medical Device/Equipment manufacturing, to maintain steady business during periods of economic weakness.
Ref. the previous post on BSX (a former NFTRH+ highight) and the recent breakout we have noted in the Medical Device ETF, IHI. Medtronic (MDT) is a competitor to Boston Scientific over part of its product line (stents). Please feel free to do funda research on the company if interested. As to the chart…