Why I’m looking at Health Care – XLV ETF
In today’s video, we will talk about why the S&P breaking up or down doesn’t really matter. Also, hint, I do think the S&P is going to break down. What sector will benefit from a breakdown or, heck, even a move higher from here?
The best kind of watchlist has resilience, and that is going to come from a trend.
The best trend at a sector level within the S&P is healthcare...
I’ll be looking at names like Johnson and Johnson, Lilly, Bristol-Myers, etc. These will be the individual boats that are working with the tide.
That’s the plan as we go into this week, and this plan is likely for the next few weeks.
