Focus Your Concentration Here:

One must always look at time frames when it comes to investing, and below is the chart of all the major S&P sectors, and how they performed on a 3 month look back period. Healthcare gets the top nod, besting both technology and financials, but if one where to look at the YTD scenarios one would see healthcare is near the bottom of the pack, just 10th of the 11 major groups (although still higher by a very respectable 17%). As investors, one has to honor where the money is flowing and that is where many ideas on watchlists should be popping up. With unabated strength surely comes the prudent pause, and we can be seeing it as the XBI is looking at its first potential WEEKLY loss in the last 11 weeks. The XLV is not surprisingly finding resistance near the very round par number this month, after a nice run following the cup base breakout above a 94.52 pivot on 10/30. These ETFs are in uptrends and one should look to enter on any tactical weakness 3-4% below current levels. 

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