LONG-TERM RELATIVE RATIO CHARTS – Healthcare Sector
Beginning with this post I began showing the relative ratios of all US equity industries vs. the SPX across their entire history. Posts will be grouped by sector, and each sector post will show all the relative sub-industries within it. I’ve generally tried to only present industries with very extended history, otherwise, we can track them on different services that provide less historical context, such as Stockcharts.com; however, I made exceptions if I was particularly interested in an industry with less history that I know has been bombed out vs. the market.
Nasdaq Biotech / SPX
Pharma / SPX
Healthcare Equipment / SPX
Healthcare Facilities / SPX