What To Do After The Worst Week For Healthcare Stocks Since March 2020?

Worse week for Healthcare Stocks. What you can do?

Nothing wait just for volatility to settle down and look to other portfolio sectors to invest.

Nibble on your favorite dividend paying large cap biopharma. Take tax losses on your losers.

Look for other great health science stocks within MEDtech. 

As we mentioned earlier this month large cap healthcare stocks were supposed to be relatively safe from market turmoil and macro news because of the large demographics and the priority individuals place on their health.  But last week healthcare and . First it began when a few of our best performers took a bashing like Abbvie and Eli Lilly. Then you layer on the Fed speak where you layer on a some doubts about future rate cuts. Then came an assault from some potential TRUMP Cabinet picks offering ideas to revolutionize the health care system . We all know that uncertainty is not good for the market but that ‘s what we have despite all the positive factors coming through this election cycle.The market  was quiet today but we should still expect some gains through year -end albeit a bit choppy. Here are some numbers from DAY One NOV 18: S&P 500 up 0.39% to 5823 , up 3.45% to 500, down 0.25% to 133, up 0.1% to $141.94,  up 0.13% to 91.96. So compare the numbers below for key biotech and healthcare ETFs and stocks. We should be able to hold these levels through year-end before new Administration healthcare policies and year end 2024 earnings reports and guidance come in January 2025.NOTABLE MOVERS today were: up 0.78%. up 1.03%, down 2.5%. up 0.5% but flat for the past 5 days at  $154.77. Otherwise not much and need a few more days to break downtrend.MedTech looks better with less pricing politics. The U.S. Medical Device ETF () was up 0.89% to $60 level , flat over 5 days  up 2.42% for the month, up 11.3% YTD. Medtronic reports tomorrow and pays a dividend of 3.2%. We also own , and .SMID Life Science trades may be too volatile until biotech gets its Momentum back, Here are some positions that are holding up better: up 5.6% today at $10.91,   up 6.04% at $153.42, up 12.1% today at $41.4, and we still like and . And is holding near ts top up over 43% YTD.Here are two interesting long term charts  for the XLV and XBI. Note the post COVID biotech crash and recovery for XBI.(Click on image to enlarge)

    1/15/18 3/31/23 11/1/19 10/8/2023 2024 YTD   FWD Analyst % 5 d % %   Company Ticker Price Price Price Price PRICE             1 mo. trend ST             11/16/24 % Perf P/S PE Recom Div                                     Abbvie ABBV 100.000 159.37 81.75 148.23 165 6.47 5.11 13.58 1.79 3.74 -17.3 -14 gap u/d Alexion*(ALXN) ALXN 123.000 182.5 109.38 – 40.33 n/a 4.56 9.38 n/a   AZN     Amgen AMGN 185.000 241.75 221 263 283.61 -1.53 4.52 13.69 2.29 3.21 -12.81 -12.76 d AstraZeneca* AZN 35.000 69.41 40.34 67.42 63.23 -4.25 3.83 13.41 1.93 2.46 1.51 -16.11 gap d Biogen BIIB 336.000 278.31 299.2 263.25 160 -38.17 1.82 9.51 1.82 – -7.54 -16.48 low Bristol Myers* BMY 63.000 69.31 57.16 56.66 56.22 9.57 2.31 7.98 2.8 4.25 3.84 6.56   Celgene* (BMY) CELG 106.000 n/a 108.53 – 77 n/a 4.69 8.7 n/a                                       Gilead Sci GILD 79.000 82.97 61.69 74.74 88.4 9.12 3.74 11.82 2.03 3.47 -8.46 3.01 high GlaxoSmithK* GSK 38.000 35.58 45 36.65 33.35 -10 1.71 7.71 2.5 4.66 -8.1 -14.4 low Johnson&J* JNJ new       154.01 -1.75 4.29 14.55 2.13 3.04 -0.95 -6.15   Eli Lilly LLY 85.000 343.42 113 565.22 746.2 -28.01 16.45 33.13 1.58 -0.73 -10.26 -18.3 rsi low Merck MRK 59.000 106.39 78 103.88 96.46 -11.86 3.79 10.24 1.59 3.16 -6.42 -13.65 low Pfizer PFE   40.8   33.13 24.8 -13.86 2.23 8.57 2.3 6.79 -7.19 -15.76 rsi low Regeneron REGN 367.000 821.67 310.48 836.57 756.81 -13.83 5.81 16.75 1.77 – -8.64 -25.55 low Vertex VRTX 158.000 315.07 196 360.62 465.7 14.45 10.87 27.46 1.97 – -9.88 -3.84 high                                     3/31 11/19 10/7/23 11/16/24  

%YTD

      5 days % 1 mo. Trend XBI     76.21 93 72.23 91.83   2.84       -11.85 -7.53 d IBB     129.16 119.65 122.48 133.38   -1.82       -10.39 -8.53 d FBIOX     15.63 20.26 15.47 19.61   9.98       – -9.55 d PRHSX     87.75 79 86.37 92.58   5.32       – -7.37 d XLV     129.46 121.11 128 141.84   5.46       -5.55 -7.2 d XPH     41.01 39.47 39.05 45.05   8.24       -6.24 -2.57 d UNH     472.59 252 524.81 592.23   12.49       -3.83 6.46 – QQQ     320.93 201.23 364.7 496.57   25.55       -3.42 1.17 – iIHI     ? 43 56.5 59.54   10.32

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