Biotechnology – Sector Spin
By Terry Long January 28, 2021
Welcome to the Sector Spin with Terry. In this video series, I share with you what I’m watching each week in various Sector industry subgroups.
This week, I’m going to take a look at stocks in the Biotechnology industry subgroup of the Health Care Sector. Currently, the XLV Health Care Sector is underperforming and is holding fairly steady in the Improving Quadrant, relative to the benchmark SPX. However, I’m seeing a new NE heading now forming in XLV this week as the rest of the Sectors appear to be struggling with volatility and consolidation.