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Fleeing Investors Create Biggest Outflows From Biotech/Health Care In 3 Years B. Of A. Merrill Lynch
Adding to healthcare, personally. I'll buy a bit more if it goes lower. I have no qualms about owning healthcare/biotech long-term. I think it goes with a desire to focus more on "needs" than "wants", as well as a few other various factors.
People who can trade in and out of sectors, more power to them, but I just see a lot of positives for health care going forward.
I wonder where the outflows are going to. Is there a website that shows this kind of information?
I think the issue becomes a matter of whether or not you want to try and follow the ADD flows of the market, or make longer-term bets on specific sectors.
Comments
Regards-
OJ
People who can trade in and out of sectors, more power to them, but I just see a lot of positives for health care going forward.
Forbes often has notes on largest inflows/outflows (for example: http://www.forbes.com/sites/marketnewsvideo/2014/02/28/etf-inflowsoutflows-xhb-bis-xlk-ucc/), but I'm sure others have better resources that they can share.