DBD Strategy Daily - HEALTHCARE OUTPERFORMANCE
US markets are indestructible. They pushed their limit a little higher yesterday, but they did so with a great help from Healthcare stocks. European indices are far from being as bullish, but Healthcare is also a major component of the bullish action. Whether in Europe or in the USA, sectors are sending the same message: it is wiser to overweight Healthcare than Banks for the coming months. The Q2 results due tonight may impact the short-term, but the medium term and is in favour of defensive stocks.
DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.
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