JNJ Breaks Out; Why Pharmas Could Lead The Market In 2018

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At the bottom of this article, you can type in your email address and hit the green "Notify Me" button to subscribe to my blog for FREE!  Then my article will immediately be sent to your email address upon publishing.  Thanks! Market Recap for Tuesday, January 9, 2018 It took quite a bit of effort for the bears to stop the bulls' winning streak, but the bulls returned the favor on Tuesday with little effort at all.  Ho-hum, it was just another 100 point day for the Dow Jones.  It doesn't seem to matter which sector or two take a pause as many others routinely step up to the plate.  Yesterday, the bulls turned to healthcare (XLV, +1.18%) and financials (XLF, +0.78%).  Pharmaceuticals ($DJUSPR) were the beneficiary of a significant price breakout in Johnson & Johnson (JNJ) as you can see below: < p class"entry-more-link">Continue reading "JNJ Breaks Out; Why Pharmas Lead The Market In 2018" »

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