Health care suffers worst week of 2019, and technician sees more pain

MinerGate is a multicurrency mining pool with the easiest mining software, reliable 24/7 support service and helpful community at your disposal. Start mining now from your PC

Health-care stocks suffered a scare this week.

The XLV health-care sector ETF tumbled more than 4% since Monday, its worst week of the year and sending the group negative for 2019.

READ MORE  Morgan Stanley says October sell-off is 'morphing' into a bear market

Craig Johnson, chief market technician at Piper Jaffray, says the prognosis does not look good.


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *