Healthcare showing initial signs of trying to bottom - Mean Reversion candidate for Q4

Equity trends remain bullish but fragile as November gets underway. Treasury yields and the US Dollar look to all be close to beginning a corrective pullback, which likely starts in November, but should prove short-lived and not the start of a larger decline. Minor SPX decline, which has reached two straight weeks, has failed to do much damage, and Friday’s intra-day reversal might have been the start of a pushback to fractional ne...

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