Following a lost decade, we're finally seeing some of the large-cap Biotech stocks like $BIIB participate in this move in HC which had been primarily small-cap driven in XBI
Note that this not only has exceeded prior lows from '22 but also prior lows from '16 & volume proved above-average on the most recent surge in June
While most might be trying to bottom-tick Semis, important to note that Financials, Industrials, and yes, Healthcare pushed up to new all-time weekly high closes, making a balanced approach prudent given how bifurcated Tech has become
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