November 20, 2009

Healthcare showing relative strength

By Arthur Hill

The Healthcare SPDR (XLV) broke above its October high two weeks ago and continued above 30 this week. Even though stocks were weak across the board on Thursday, healthcare managed to show relative strength with a smaller loss. Eight of the nine sectors were down in early trading Friday, but healthcare was sporting a small gain and again showing relative strength.

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Click this chart for details.

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