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Finding Opportunity in Unloved Healthcare ETFs

Finding Opportunity in Unloved Healthcare ETFs
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Top Performing Leveraged/Inverse ETFs: 02/18/2024

Top Performing Leveraged/Inverse ETFs: 02/18/2024
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Top Performing Leveraged/Inverse ETFs: 09/11/2022

These were last week’s top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly. Always do your homework. ....

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Top Performing Leveraged/Inverse ETFs: 06/26/2022

These were last week’s top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly. Always do your homework. ....

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GLBAL X CANNABIS ETF (POTX), SPDR S&P Pharmaceuticals ETF (XPH) - 3 Pharmaceutical ETFs That Could Be Due For A Rebound

These three pharmaceutical ETFs have dropped to support, which means they may be about to rebound.
Support is a large concentration of buyers who have gathered around the same price level. At support levels, there is more demand for the stock than there is supply.
Downtrends end when they reach support levels.
Many times, stocks rally off of support levels. This happens when some of the buyers become more aggressive. They don’t want the other buyers to get ahead of them in line. They decide to pay higher prices.
This forces the stock into rally mode.
The
SPDR S&P Pharmaceuticals ETF (NYSE:XPH) has dropped to the $47.85 level. This level was support in November and December. It was the base for a large move higher into January. It could happen again. ....

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