These have been acting a bit frisky in the last few days. Anyone have any thoughts on whether they are likely to outperform over the coming months?
some of it could be that there are no drastic measures in the new drug bill that would hurt big drug companys. how far it goes is hard to say.
Pharma seems the way to go for this country. Most of the public is practically addicted to the pills. But I wonder whether the government is willing to financially support the healthcare of this country. I mean, eventually something has to give and it does not seem that the average Joe Shmoe can afford such expensive healthcare much longer.
Drug stocks are the only sector I will not trade. Between the FDA, the FTC , the SEC and congress, there are far too many pitfalls in trading the drugs.