Best of the Scary Healthcare Sector

Anyone following the market knows healthcare has been getting smacked lately. A look at it’s relative strength says it all. A topping pattern has broken through vital support, fallen below the rising 200 moving average, and hit oversold on momentum. Not one is positive  for the sector in my books.

xlvspy.png

There are a few healthcare stocks that are holding up though. While I would not put any money here any time soon, if these stocks below can keep their relative strength, when the time comes to allocate to healthcare again these will be the leaders.

Check out the charts below:

UNH:
unh.png

MTD:mtd.png

COO:
coo.png

AET:
aet.png

CI:ci.png

Happy Halloween. Stay out of healthcare or you’ll find some rotten candy.

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