
Health.Market December 7, 2020
Last week was very bullish for stocks. We are reaching the tops of technical ranges but have not yet established extreme overbought conditions, which as
Last week was very bullish for stocks. We are reaching the tops of technical ranges but have not yet established extreme overbought conditions, which as
Although it is difficult to make very strong conclusions on a holiday week the market remains very bullish and became more so last week. The
We are still mostly in a momentum market and disconnected from actual occurrences. There are a couple very strong market price support mechanisms in play
The market is bullish by just about any parameter you can put up. This, of course, in the teeth of the new surge in Covid-19
We have some vaccine news and we have positive seasonal expectations. We continue to follow the Age of Covid market story. This is driven by
This past week provided a reality check on the resurgence of the SARS-CoV-2 pandemic. While the broad measure of the healthcare market (XLV) underperforms the
The overall markets this past week despite the headlines signaled some bullish messages beneath the headlines. And yet we have virus surge again. We look
In election years healthcare (XLV) tends to perform slightly worse than the overall market (SPY) one supposes because of the political nature of the US
The healthcare part of the market has been flat and largely performing either “at market” or underperforming. Of course, there are individual stocks that are
There has been perhaps no more interesting time to be building and growing a healthcare company as it is right now. The public market is
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