Here is a link
to a Ticker Sense summary of sector rankings by the big investment
banks. I assume a reasonable part of these weighs are based on
backwards looking information. Of the ten, health care is ranked
seventh. As such, I would bet it is undervalued compared to more
popular sectors.
The chart below is the ratio of equal
weighted health care sector to health care sector. A rising ratio is
bullish because it can imply that more issues are participating in the
rally. Of all the sector ratios, this one is by far the strongest.
Prices are headed to the top of the channel:
