At some point on this Thanksgiving, hopefully we're all going to be full of great food enjoyed with family and friends. However, we're talking about Healthcare. Our Chaikin Power User Long Portfolio already has multiple Healthcare names, but if we had room we would be adding $CI (Cigna).
CI has a Very Bullish PG Rating, price is above a rising long-term Chaikin trend, Fundamentally things look good "under the hood", as Mike would say and $CI threw both Moneyflow Buy and Oversold Buy signals in the last few days.
CI has a Very Bullish PG Rating, price is above a rising long-term Chaikin trend, Fundamentally things look good "under the hood", as Mike would say and $CI threw both Moneyflow Buy and Oversold Buy signals in the last few days.
Also, don't forget that CI belongs to the XLV which has constantly outperformed the SPY for the past several months. You can see our Inter-market Analysis here.
Bottom line- if we had room in our portfolio for another Healthcare we would add CI ... But, discipline is an important part of trading and we are practicing it by sticking to our trading rules and not over exposing ourselves in any one sector, even if it's a top performer.
Happy Thanksgiving From @ChaikinUser
-AA
Bottom line- if we had room in our portfolio for another Healthcare we would add CI ... But, discipline is an important part of trading and we are practicing it by sticking to our trading rules and not over exposing ourselves in any one sector, even if it's a top performer.
Happy Thanksgiving From @ChaikinUser
-AA
RSS Feed