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April’s Seasonality is Rotating into the Healthcare Sector

by Vu Nguyen, April 7, 2022
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Man what a day its been for the market. 

The Federal Open Market Committee (FOMC) revealed that they’re planning to shrink their balance sheet very rapidly.

They’re aiming to slash off $95 billion per month.

The market responded with a lot of volatility. 

Of course, high volatility presents big profit opportunities for Stock Navigators… and one sector is coming out on top as the clear winner.

Technical Analysis

I’m Fishing Out the S&P’s Double Bottom

A double bottom - aka the W - is one of my favorite chart patterns.

Which is why I love what I’m seeing right now on the chart for the E-mini S&P 500 Futures (ES).

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We’re seeing a double bottom… in fact, some may even call it a triple bottom.

After hitting the W, we saw the market rally 500 points without any significant pullback.

But now we’re experiencing lower highs and lower lows. 

I would proceed with caution.

If you’d like to more detailed analysis on how Stock Navigators are playing the current market - click here.

Sector Highlight

Healthcare is Outperforming Everything

Right now, the healthcare sector is beating every other industry on the market.

Money is pouring into this industry and it’s all coming from big tech.

We know this from a quick glance at the heatmap…

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Individual healthcare stocks are also moving up today.

Let’s take a look at CVS Health Corp (CVS)...

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It made a very significant reversal to the upside.

Meanwhile, other healthcare stocks are hitting new all-time highs (ATH).

Biopharmaceutical company AbbVie Inc (ABBV) hit a new ATH at $170…

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Pharmaceutical company Eli Lilly And Co (LLY) hit a new ATH at $306…

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And UnitedHealth Group Inc (UNH) hit a new ATH at $533.

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This is why I love trading stocks.

Every day is a new day.

We can see reversals happen in the blink of an eye and knowing how to ride the waves is a very profitable skill. 

Stock Navigators are riding the wave every single day, click here to see how we’re following the market.

Market Signals

Spot the Market’s Buy Zone and Sell Zone

Buy low. 

Sell high.

That’s what everybody tells you to do.

But how do you tell where the lows and highs are?

One of my personal favorite ways is by using money zones.

The money zone is the blue box that you see on this chart…

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When the price lands inside that box, I know it’s time to make my move.

So the next time you’re thinking about an entry, make sure the price is in the money zone!

Click here to learn more about how the money zone works.

Related Articles

Tom Luong, April 8, 2022
Vu Nguyen, April 5, 2022
Tom Luong, March 1, 2022

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