Biotech breakout worth following as Healthcare gets stronger

The near-term picture still looks positive for US benchmark indices and while momentum has reached intra-day overbought levels, this doesn’t imply a selloff has to happen right away.  Despite some minor intra-day weakness, S&P and NASDAQ still pushed up briefly above last Friday’s peaks during Monday’s session, and it still looks possible to gain further this week with targets up near SPX 4050-75 and larger targets up near 4120.  While I do expec...

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