Chart of the Day – July 17, 2020

By: Chris Wenner in Charts 07/17/2020

XLV (the largest healthcare sector ETF) has formed a triple top.  With vaccine hopes rising, healthcare has taken some of the spotlight away from other sectors.  Watch this 105 level on XLV.

JNJ, UNH, MRK, PFE & ABBV make up nearly 1/3 of the weightings in this ETF.

CW

 

By: Chris Wenner

Managing Director

Jonathan Molchan

Wennco's innovative strategies and robust OCIO capabilities are designed for RIAs, Family Offices, and high-net-worth individuals.

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