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Hi @Ted The most critical wording/thought from the article:
"Bargain Hunting Fueling Outperformance
In the meantime, the health care sector, led by biotech, is seeing a resurgence in 2017 after a poor showing in 2016. Health care was the only sector within the S&P 500 to decline last year, as XLV shed 2.8%. Biotech fared even worse, losing 21.4%.
Thus, the year-to-date rally may have more to do with investors buying up beaten-up names than anything to do with potential changes in health care laws."
>>> A "value" discovery in a sector that has maintained a most decent monetary growth pattern for many years. NOT, unlike the rotations that take place between the large, mid and small cap, growth and value sectors. Value was the "rage" in 2016, eh? The rotation for 2017: http://online.wsj.com/mdc/public/page/2_3020-lipperindx.html?mod=topnav_2_3023
Summary: large money chasing the best place to invest for a decent return.
Comments
The most critical wording/thought from the article:
"Bargain Hunting Fueling Outperformance
In the meantime, the health care sector, led by biotech, is seeing a resurgence in 2017 after a poor showing in 2016. Health care was the only sector within the S&P 500 to decline last year, as XLV shed 2.8%. Biotech fared even worse, losing 21.4%.
Thus, the year-to-date rally may have more to do with investors buying up beaten-up names than anything to do with potential changes in health care laws."
>>> A "value" discovery in a sector that has maintained a most decent monetary growth pattern for many years. NOT, unlike the rotations that take place between the large, mid and small cap, growth and value sectors. Value was the "rage" in 2016, eh?
The rotation for 2017:
http://online.wsj.com/mdc/public/page/2_3020-lipperindx.html?mod=topnav_2_3023
Summary: large money chasing the best place to invest for a decent return.
Regards,
Catch