By Jeff Pierce
A common theme among the stocks that have been displaying momentum in recent days have been in the healthcare sector. Now I don’t know exactly why they’re moving at this point, but I’m fairly sure that these stocks will be higher in 3 months than they are today. This is by no means a comprehensive look at this sector as there may be others moving, but these are the ones that are showing up on my scans.
Wellpoint Health Networks (NYSE:WLP)
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Jeff Pierce is a momentum trader that specializes in market timing. By developing a proprietary timing system over the years that takes emotions out of his decisions, it allows him to be on the right side of the trade. While it’s nearly impossible to eliminate trading biases completely, there are many things one can do on a daily basis that gives enough of an edge where you can have success in this industry. Jeff Pierce is the owner of ZenTrader.ca.
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