Health care is a huge industry. New jobs are always being created. This is a good field to go into for work because there never seems to be a shortage of jobs no matter what happens with the economy. This talks about further expansions to health care which will create more jobs and more money.
Key Takeaways:
- Chartists looking for the weekly leaders in High-Low Percent can look at the 5-day SMA.
- Tech is leading because the 5-day SMA of XLK High-Low% ($XLKHLP) is at +6.4%. Healthcare High-Low% ($XLVHLP) hit 13.33% on Wednesday and this was the highest reading since August 1st.
- Consumer discretionary is clearly the weakest sector for internal metrics because High-Low Percent was negative three of the last five days.
“Tech is leading because the 5-day SMA of XLK High-Low% ($XLKHLP) is at +6.4%. Healthcare High-Low% ($XLVHLP) hit 13.33% on Wednesday and this was the highest reading since August 1st.”
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