Another Health Care Reit: [[HCN]]. Within this sector, you also want to watch breakouts in [[NHI]] and [[HCP]].
[[POWL]] is up more than 4% on killer volume. Chart looks to have a lot more upside. [[CHD]] is most famous for their Trojan Brand condoms. Great volume on this breakout from a triangle.
I like the healthcare REITs. Thanks for posting those.
MPW, with a 9% yield, looking interesting here, as it bumps up against resistance.
Hey Wood,
Can you do a technical analysis of the DOW & SP500? I am getting mildly bullish in the short term…all my technicals are pointing that we should break the range to the upside, even though fundamentals don’t match up.
Also, my oscillators are showing a very positive momentum to the upside.
Can you confirm this, and what is your stance in the market? I’m still biased to the downside…
Big MIke, I’ll try and knock one out for you tonight. However, should I wind up getting drunk instead, while I record the next biggest act to hit the country/folk/bluegrass scene, I’ll hope you go back through my posts of the last 2 weeks, where I flesh out my bullish posture in excruitating detail.
My stance? I’ve been buying the last 3 days. Not a lot, as I do not want big positions in front of the NFP report, but enough.