12/14/2022
Certainly a worthwhile chart to glance at as we approach 2023...
When possible, it's best to use multiple time-frames when looking at sector performance. This chart paints a clear picture of the Healthcare Sector performance on a weekly and daily basis (Wall Street clearly favoring Healthcare stocks).
With this snapshot, a continuation and acceleration of investment dollars may be ahead into healthcare related industries and stocks. This would make sense given the ever-increasing demand for healthcare-related products and services. It is now up to the executives of these individual companies nested in the sector to drive profitability from business operations.
Bottom line: according to what we're seeing on these charts, Wall Street is betting growth in this area is likely ahead.
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