Today’s report will dive into the Healthcare sector, which is one of the best performing sectors over the last one, three and six months. The Healthcare SPDR formed a small bullish continuation pattern and broke out. Ten of the top eleven stocks are above their 200-day SMAs with AbbVie leading. We then turns to the corrective patterns in the biotech ETFs, the breakout in the Medical Devices ETF and the upturn in the Healthcare Providers ETF. $XLV $IBB $XBI $IHI $IHF

Large-caps, tech and hyper-scalers are leading the market as SPY, QQQ, the Technology SPDR, and Mag7 ETF all hit new highs in October. Small-caps and mid-caps are lagging as they fell to their rising 200-day SMAs, but show signs of short-term upturns over the past week. Last week I showed thrust indicators setting up (Zweig Breadth Thrust and %Above 50-day SMA). These have yet to trigger, but I will watch closely in the coming days/weeks. $SPY $QQQ $IJR $IJH $XLK $MAGS $AIQ $ARTY $IYZ $SMH $SOXX $DRAM $BLOK $IGV $CIBR $SKYY