
Healthcare was a winning sector last week, up about 2.2%. That’s not a huge victory, but it beats the overall market’s 3.5% loss for the week. Savvy market observers have ID’s this as a sector trend that will continue grow in importance. And they note that healthcare stocks have lagged since the March 9, 2009 bottom, and that that is the point of a sector rotation strategy to find tomorrow’s leaders, which are frequency yesterday’s losers/laggards. In the past week healthcare stocks have picked up their pace, which may augur the beginning of the next major rotation in US stocks. The bullish bias for healthcare equipment, technology, and suppliers is in place now and it is also worth nothing there really haven’t been any bad healthcare industries to be since early June.
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