{"id":762,"date":"2007-07-30T23:03:45","date_gmt":"2007-07-31T04:03:45","guid":{"rendered":"http:\/\/selfinvestors.com\/tradingstocks\/etf-movers\/etf-watch-healthcare-pharma-retail-breaking-down\/"},"modified":"2007-07-30T23:03:45","modified_gmt":"2007-07-31T04:03:45","slug":"etf-watch-healthcare-pharma-retail-breaking-down","status":"publish","type":"post","link":"https:\/\/selfinvestors.com\/tradingstocks\/etf-movers\/etf-watch-healthcare-pharma-retail-breaking-down\/","title":{"rendered":"ETF Watch &#8211; Healthcare, Pharma &#038; Retail Breaking Down"},"content":{"rendered":"<p>In a review of the exchange traded and closed end funds, none have broken out in the past week but plenty are beginning to break down following the recent market meltdown.&nbsp; With the next US administration not expected to be so kind to big pharma and healthcare it&#8217;s not a total surprise that those sectors of the market have begun to break down.&nbsp; Although big pharma and healthcare are a bit oversold currently, there should remain some nice short opportunities in these sectors over the next several months.&nbsp; Both the <strong>Ishares Healthcare ETF (IYH)<\/strong> and the <strong>Pharmaceuticals Holders ETF (PPH)<\/strong> have broken through key support levels of their upward trend lines and 200 day moving averages.&nbsp; A bit of a bounce from here would provide an ideal short entry.&nbsp; <\/p>\n<p>The last chart shows the breakdown in retail with the <strong>Retail Holders ETF (RTH).<\/strong>&nbsp; The consumer can&#8217;t possibly be as strong as in the past with the housing situation, so it&#8217;s no wonder that retail is breaking down here.&nbsp; Retail is one area i&#8217;ll be looking to find short opportunities in over the next year or two.<\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/selfinvestors.com\/tradingstocks\/uploads\/Image\/73007_iyh.gif\" \/><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/selfinvestors.com\/tradingstocks\/uploads\/Image\/73007_pph.gif\" \/><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/selfinvestors.com\/tradingstocks\/uploads\/Image\/73007_rth.gif\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a review of the exchange traded and closed end funds, none have broken out in the past week but plenty are beginning to break down following the recent market meltdown.&nbsp; With the next US administration not expected to be so kind to big pharma and healthcare it&#8217;s not a total surprise that those sectors &hellip; <a href=\"https:\/\/selfinvestors.com\/tradingstocks\/etf-movers\/etf-watch-healthcare-pharma-retail-breaking-down\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">ETF Watch &#8211; Healthcare, Pharma &#038; Retail Breaking Down<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-762","post","type-post","status-publish","format-standard","hentry","category-etf-movers"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts\/762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/comments?post=762"}],"version-history":[{"count":0,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts\/762\/revisions"}],"wp:attachment":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/media?parent=762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/categories?post=762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/tags?post=762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}