Healthcare’s Turn

One of the things I love most about bull markets is how they eventually come for everything.

The winners drag the losers along. Leaders expand, laggards catch up, and even the weakest groups finally get their turn.

That’s broadening participation in action. It’s sector rotation.

That’s why I’ve been keeping an eye on Healthcare.

This sector has been largely forgotten over the past two years, but that could be about to change.

Take a look at the SPDR Healthcare ETF $XLV relative to the Russell 3000 $IWV:

If there’s ever a place for Healthcare stocks to stop underperforming, wouldn’t this be it?

And honestly? I think it is.

This ratio is back to the same levels it was trading at in 2000.

Being a Healthcare investor hasn’t been easy, but extremes like this rarely last forever.

If this sector is going to join the bull run — maybe even take a leadership role — this is the moment, at least for a while.

Our team is putting together a deep dive on Pharma stocks, packed with fresh setups and actionable trade ideas.

Join ASC Premium today to get the report, risk-free.

Stay sharp,

Alfonso De Pablos

Director of Research, All Star Charts