- Price is breaking minor falling wedge pattern on strong volume
- Pharmaceutical stocks have lagged the broader market in the past year and have not been so inexpensive relative to the S&P 500 in at least 20 years
- As the healthcare sector is starting to out perform the overall market, I have been locking in gains on some cyclical stocks and positioning more defensive
- I expect pharmaceuticals to outperform the market and sector in the short term as investor seek value in a richly priced stock market
- Pharmaceutical stocks have lagged the broader market in the past year and have not been so inexpensive relative to the S&P 500 in at least 20 years
- As the healthcare sector is starting to out perform the overall market, I have been locking in gains on some cyclical stocks and positioning more defensive
- I expect pharmaceuticals to outperform the market and sector in the short term as investor seek value in a richly priced stock market
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.