First, we currently have two bearish plays on the health care sector — one on the broader sector (XLV) and one on the narrower health care providers industry group (IHF).
But I just have to mention how the S&P 500 closed at an all-time high yesterday! And it was led higher by none other than the technology sector (XLK), which subjectively suggests investors are confident and eager to keep buying into the cyclical, high-beta sectors and not only the defensive ones.
I’m playing catch-up after a busy Irrational Economic Summit that stretched into the weekend. Plus, if I haven’t mentioned it already, I’ve been working overtime to develop a new product offering through my 7-Figure Trader publication, which most of you guys should have access to.
We’re currently in a small beach town just north of South Beach, in Miami, FL. And while we love being three blocks from the beach, and close to dozens of fabulous restaurants and things to do, we’re still searching for a place to call “home,” permanently.
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