Bend Over and Cough, This Won’t Hurt a Bit

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Bend Over and Cough, This Won’t Hurt a Bit

That is of course if you are investing in Health Care Providers.  Now if we are talking about paying for the Insurance or getting the services yourself…well that is a different story, so we will stick with investing in them.  $IHF is the Ishares ETF covering the Industry.  The RS Movers list drew my attention to the sector a few days ago and it was the sole sector on the list tonight.

Looking at the chart we can see it recently broke out of a year long ascending triangle and continues with higher highs and higher lows.

The relative strength and the recent longer term Breakout makes this a good place to look for opportunities.  Below is the major holding of $IHF with individual RS figures.  As always there is a big diversity in strength within the sector.

Start here and use this to help identify the opportunity that fits your trading style.  Build a plan, and make back some of those ridiculous premiums we are going to be paying.

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(All market data above are derived from, Esignal, and Reutersdatalink)

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About Author


is a Chartered Market Technician (CMT) and Certified Financial Planner (CFPr) in Greensboro Georgia (Outside Atlanta). Founding partner of Barber Lackey Financial Group, LLC, a Registered Investment Advisor. However, this blog is not affiliated with BLFG and does not make recommendations to buy sell or hold any securities.