Each week at ChartSmarter we like to bring to a little insight into what we do on a daily basis. We have been at it for 5 years and we love doing it. Each night we detail 7 to 8 of our favorite ideas, both long and short, for the next days session. We do NOT have a chat room, nor are we active “tweeters”. We like our business growing by word of mouth. For those who would like to see a full copy of our Monday Game Plan, email me at firstname.lastname@example.org.
The healthcare group overall continues to chug along although the IBB has been roughed up a bit (below is how we looked at the ETF in our Thursday Game Plan). Those looking for a more defensive way to play the group may be with PFE. It is the third largest component in the PPH which is off just 2.85% from its most recent 52 week highs, whereas the IBB is 8% off its own.