The one thing I won't do in the next few weeks is buy healthcare stocks.
This classic head and shoulders top pattern in healthcare providers stands out. For whatever reason, last week healthcare became the new weakest group. (Obviously the drug cost debate stands out, and costs are massively excessive across the entire industry). Health care is also likely over-owned as it's been the best sector for years.
Nothing is guaranteed in markets, but i'm wary at best of this group and sector.
Trade 'em well!
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