ETF CORNER

PPH : Sell pharma on strength !

I posted a chart analysis of PPH(Pharmaceuticals holders) and RXL(Double long PPH) on April 1st (Click here) that worked like a charm (for a change) ! ;) I think it is now time to take some off the table on continued strength.

PPH: Pharmaceuticals

RXL : Double long Pharmaceuticals

Drug addict : PPH,RXL.

Last post on May 1st about PPH (Pharmaceuticals) and RXL (Double long Pharmaceuticals) Click here !

As you can see ... so far so good ! Notice how the resitance are now breached ! 

PPH on May 1st :

 

PPH righ about now !

RXL (Double long) on May 1st :

RXL right about now !

Pharmaceuticals ETF : PPH,RXL .

These ETF's are good for your health :

PPH : HOLDRS Pharmaceutical

RXL : ProShares Ultra Health Care