Healthcare and Biotech are Absolutely Ripping!

This could be due to the fact that biotech and healthcare were nowhere near the top performers last year.

The defensive aspect of these sectors could be adding to their appeal since SPY is starting off 2024 on a bad foot.

If you like these sectors, then I suggest checking out the well-known large cap companies in these sectors as an investment prospect. Here are just a few. Personally, I like all of these companies. Some of these companies, like PFE, have really been beaten down in 2023, while most of the market had a great year. Maybe 2024 could be their year to catch up.

If you don't like the headache of picking the right or wrong stock, then here are a few ETFs for passive investing. There are even a few leveraged ETFs if you like a little extra risk.

As always, I am not a financial professional, and this is not investment advice. Be careful and be patient. Dont anticipate the market. Rather, participate in the market. Don't invest money that you can't afford to lose. Give some of your investments time and know when to cut your losses.

Don't be greedy. Don't invest in anything you don't understand. Don't put all of your eggs in one basket. Don't listen to the hype. Don't fomo or panic into or out of trades. Do your own due diligence. And just follow the trends. A trend is your friend. Good luck trading.